In a post on Truth Social Saturday, President-elect Donald Trump said he would impose a 100% tariff on the BRICS geopolitical coalition of non-Western countries if the group moves away from trading using the U.

President-elect Donald Trump on Saturday warned the BRICS nations they will face a 100% tariff in U.S. domestic markets if they proceed with plans to create a new currency to compete with the dollar.

BRICS, which is an acronym for Brazil, Russia, India, China, and South Africa, is an economic and geopolitical bloc whose power has grown in recent years.

BRICS comprises nine countries — Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, and the United Arab Emirates — which are aiming to flex their economic power in a world where the US dollar continues to reign supreme as the leading ...

Trump also said in his post that the countries "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.

President-elect Donald Trump on Saturday warned BRICS countries against any move to replace the US dollar and has sought a commitment from the nine-member group that includes India, Russia, China, and Brazi.

President-elect Donald Trump cautions BRICS countries against replacing the US dollar, threatening 100% tariffs if they pursue alternative currencies.

BRICS members and other developing nations say they are fed up with America’s dominance of the global financial system.

Donald Trump said that he would require commitments from BRICS nations not to create a new currency as an alternative to the US dollar.

President-elect Donald Trump is threatening 100% tariffs against a bloc of nine nations if they act to undermine the U.S. dollar

The group, which includes Brazil, Russia, India, China and others, discussed boosting non-dollar transactions at a recent summit.