The US President had made similar warnings before assuming office as the US President, saying that BRICS nations would face 100 per cent tariffs on imports to the US if they launched a new currency.

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."

One of Donald Trump' leading economic agenda this year is mostly about imposing tariffs on foreign imports, and that has taken various forms now, starting off with flat tariff rates, followed by reciprocal tariffs,

Countries like Malaysia and Thailand have expressed interest in joining BRICS, seen as a counterweight to the West, in recent years.

While addressing reporters at the White House, Trump said the BRICS bloc, which now boasts ten member nations, was put there “for a bad purpose”

US President Donald Trump has said that BRICS was created for a bad purpose and most people don't want it. He said that BRICS is dead and reiterated his threat to BRICS nations, saying he would impose a 100 per cent tariff on the bloc if they try to replace the US dollar with any other currency.

Immediately upon assuming office, President Donald Trump reiterated that he would impose 100% tariffs on BRICS nations contemplating de-dollarization. Trump advocates a worldview in which the U.S. dollar remains the undisputed reserve currency,