Trump warns BRICS nations of potential 100 percent tariffs over dollar replacement efforts
Donald Trump warned BRICS nations, including India, that they could face 100 percent tariffs if they attempt to replace the U.S. dollar. He stated that the U.S. will no longer passively allow such actions. Trump demanded a commitment from these countries not to create a new currency or support alternatives to the dollar. He emphasized that any nation pursuing this would lose access to the U.S. market. His comments followed Russian President Vladimir Putin's proposal for a new investment platform for BRICS nations, which could signal a move to reduce reliance on the U.S. dollar.