President Trump has issued a stern warning to BRICS nations, threatening them with a trade war for any attempts to move away from the U.S. dollar. In a post on Truth Social, Trump stated that countries backing alternative currencies would face 100% tariffs and exclusion from U.S. markets. Dismissing negotiations, he emphasized the dominance of the U.S. dollar in international trade. In contrast, Kremlin spokesperson Dmitry Peskov clarified that BRICS has no plans for a new currency but aims to enhance joint investment platforms, indicating a different approach within the bloc.
Trump made it clear there would be no room for negotiation, dismissing any possibility of an international shift away from the dollar.
They can go find another sucker Nation. There is no chance that BRICS will replace the U.S. Dollar in International Trade, or anywhere else.
Kremlin spokesman Dmitry Peskov said that BRICS is not planning to establish its own currency but is instead focused on developing joint investment platforms.
Russian President Vladimir Putin has called for expanded use of national currencies in trade among member nations.
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