President-elect Donald Trump has unveiled a bold policy to impose a 100% tariff on countries within the BRICS economic bloc if they take steps to replace the U.S. dollar as the primary global currency for international trade.

The announcement comes as Trump aims to safeguard the dollar’s position as the world’s dominant financial currency, a key pillar of U.S. economic strength.

In a post on Truth Social on Saturday, Trump outlined his intentions to target BRICS nations, which include Brazil, Russia, India, China, South Africa, and additional members such as Iran, Egypt, Ethiopia, and the United Arab Emirates.

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The tariffs would remain in place until these countries commit to refraining from creating a new BRICS currency or supporting any alternative currency to replace the U.S. dollar.

“The idea that the BRICS countries are trying to move away from the Dollar while we stand by and watch is OVER,” Trump wrote. “We require a commitment from these countries that they will neither create a new BRICS Currency, nor back any other currency to replace the mighty U.S. Dollar or, they will face 100% tariffs, and should expect to say goodbye to selling into the wonderful U.S. Economy. They can go find another ‘sucker!’ There is no chance that the BRICS will replace the U.S. Dollar in international trade, and any country that tries should wave goodbye to America.”

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This policy follows increasing speculation that BRICS nations are considering developing a shared currency to challenge the U.S. dollar’s dominance in global trade and finance.

Such moves have raised concerns in Washington about potential impacts on U.S. economic leverage and influence.

Trump’s proposed tariffs could have far-reaching effects on global trade, particularly for countries heavily reliant on access to U.S. markets.

The BRICS bloc collectively represents some of the largest developing economies in the world, accounting for a significant portion of global GDP and trade volume.

If implemented, a 100% tariff would drastically increase the cost of imports from these nations, potentially impacting supply chains and consumer prices in the United States.

Simultaneously, it could prompt retaliatory measures from BRICS nations, escalating global trade tensions.

Trump’s announcement also signals a continuation of his hardline approach to trade policies.

During his first term, Trump imposed tariffs on imports from several countries, most notably China, sparking a trade war that reshaped global economic relations.

The policy aligns with Trump’s broader efforts to prioritize U.S. economic interests and counter moves by rival nations that challenge American financial dominance.

By explicitly targeting BRICS nations, the initiative seeks to prevent a shift away from the dollar in global markets, which could weaken the United States’ ability to influence international trade and monetary policy.

The plan highlights Trump’s focus on using economic leverage as a cornerstone of his foreign policy strategy.

His direct and unapologetic rhetoric in addressing BRICS nations reflects his commitment to maintaining the U.S. dollar’s position as the cornerstone of global trade.

As Trump prepares to take office, his proposed tariffs signal a new chapter in his economic agenda, one that could redefine the dynamics of international trade and currency competition.