Trump warns BRICS nations could face 100% tariffs
Published by Global Banking and Finance Review
Posted on February 13, 2025
1 min readLast updated: January 26, 2026

Published by Global Banking and Finance Review
Posted on February 13, 2025
1 min readLast updated: January 26, 2026

President Trump warned BRICS nations of 100% tariffs if they challenge the dollar with their own currency, potentially impacting global trade.
WASHINGTON (Reuters) - U.S. President Donald Trump said on Thursday that BRICS nations could face 100% tariffs from the United States "if they want to play games with the dollar."
"If any trading gets through, it'll be 100% tariff, at least," he said in response to a question about the BRICS nations - Brazil, Russia, India and China - setting up their own currency.
(Reporting By Steve Holland; Editing by Chris Reese)
The main topic is President Trump's warning to BRICS nations about imposing 100% tariffs if they attempt to challenge the US dollar with their own currency.
Tariffs are being considered as a response to BRICS nations potentially setting up their own currency, which could undermine the US dollar.
BRICS nations include Brazil, Russia, India, and China.
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