Trump warns BRICS nations against creating alternative currency to U.S. dollar

President-elect Donald Trump has warned BRICS nations—Brazil, Russia, India, China, and South Africa—against creating an alternative currency to the U.S. dollar. He threatened 100% tariffs on countries that attempt to replace the dollar in global trade. Trump's comments come as he prepares to return to the White House in January. He emphasized his commitment to maintaining the dollar's dominance and indicated that his administration would take strong measures against de-dollarization efforts. The BRICS nations have been discussing reducing reliance on the dollar, especially after U.S. sanctions on Russia in 2022. Trump's administration is reportedly planning strategies to counter these moves and protect the dollar's status as the world's reserve currency.