Fri Jan 31 04:52:18 UTC 2025: ## Trump Threatens BRICS Nations with 100% Tariffs Over Currency Shift

**Washington, D.C. – January 31, 2025** – President Donald Trump issued a stark warning to BRICS nations on Thursday, threatening 100% tariffs on any member country attempting to replace the U.S. dollar as a reserve currency. This echoes a similar threat made in November following his election victory.

In a statement posted on Truth Social, Trump reiterated his commitment to maintaining the dollar’s dominance, stating that any attempt by BRICS – which includes Brazil, Russia, India, China, South Africa, and several newer members – to create a rival currency or support alternatives would be met with immediate and severe economic consequences.

Trump’s warning comes as the BRICS group, formed in 2009 to challenge the U.S.-led world order, has seen increased momentum in discussions regarding a common currency, particularly following Western sanctions imposed on Russia. However, a recent study by the Atlantic Council’s GeoEconomics Center reaffirmed the U.S. dollar’s continued dominance as the world’s primary reserve currency.

This threat also coincides with Trump’s pending decision on whether to impose 25% tariffs on Canada and Mexico, beginning February 1st, in an effort to curb illegal drug and migrant flows into the United States.

While the U.S. dollar’s global standing has been bolstered recently by a strong U.S. economy and geopolitical instability, the BRICS nations’ efforts to diversify away from dollar dependence continue. Trump’s aggressive stance underscores the ongoing struggle for global economic influence.

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