Fri Jan 31 07:27:52 UTC 2025: ## Trump Threatens 100% Tariffs on BRICS Nations Over De-Dollarization Efforts

**Washington D.C.** – Former US President Donald Trump has renewed his threat to impose 100% tariffs on exports from BRICS nations if they continue efforts to reduce reliance on the US dollar in international trade. In a post on Truth Social, Trump reiterated his staunch opposition to de-dollarization, warning that any attempt by the BRICS group – Brazil, Russia, India, China, and South Africa – or its expanding BRICS+ membership to create a new currency or replace the dollar will be met with crippling tariffs.

Trump’s statement, nearly identical to one made in November, follows recent meetings among BRICS+ nations where members advocated for increased trade using local currencies. This push for de-dollarization has intensified since the imposition of Western sanctions on Russia. While the US dollar remains the world’s dominant reserve currency, BRICS+ nations have been exploring alternatives, prompting Trump’s aggressive response.

The former president’s threat to use tariffs as leverage is consistent with his past trade policies. He has previously used similar tactics against Mexico and Canada, arguing that tariffs are necessary to address issues such as illegal immigration and drug trafficking. Trump maintains that these measures benefit American businesses and workers by bringing manufacturing jobs back to the US and lowering taxes.

However, economists express skepticism, warning that such tariffs could significantly increase costs for American consumers and businesses reliant on imported goods. Trump’s latest pronouncements have reignited concerns about the potential economic ramifications of his protectionist trade policies. The long-term impact of a trade war triggered by this dispute remains to be seen.

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