Donald Trump issues warning to PM Modi, Jinping, Putin on…, says ‘Any country that tries..’
Trump took to his Truth Social platform and said, "The idea that the BRICS Countries are trying to move away from the Dollar while we stand by and watch is OVER."
New Delhi: In a stern message to the BRICS nations—Brazil, Russia, India, China, and South Africa—the President-elect Donald Trump has said that any move to sideline the U. S. dollar in global trade will come at a steep cost. Trump took to his Truth Social platform and said, “The basis that the BRICS Countries need to move faraway from the Dollar while we stand by and watch is OVER.”
“We require a commitment from these Countries that they could neither create a brand new BRICS Currency, nor back every other Currency to exchange the mighty U.S. Dollar or, they could face A hundred% Tariffs, and may predict to claim goodbye to selling into the wonderful U.S. Economy,” he warned. The post is seen as a transparent message by Trump that any plans to create yet another currency or risk severe economic retaliation.
This ultimatum comes as Trump gears up for a return to the White House in January, renewing debates over his stringent trade policies. For the duration of his campaign, Trump consistently pledged to safeguard the dollar’s status because the arena’s reserve currency and threatened steep tariffs on countries seeking to shift faraway from its use. His recent statements underscore a revived commitment to economic nationalism, signaling a key priority for his upcoming administration.
To recall, in an interview in March, Trump stressed the importance of protecting the dollar, mentioning, “I would no longer allow countries to move off the dollar because it'd be a success to our usa.” On Saturday, he reiterated, “There could be no chance that the BRICS will replace the U.S. Dollar in International Trade, and any Usa that tries should wave goodbye to The united states of a.”
At BRICS summit in Johannesburg, the nations, which have grown progressively more vocal about reducing their reliance on the dollar, discussed de-dollarization. The movement gained traction following US-led sanctions on Russia in 2022, which underscored the risks of greenback dependence in geopolitically charged situations.
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