President Donald Trump has threatened BRICS countries, warning them against replacing the U.S. dollar as a reserve currency and telling them, "Go find another sucker nation." Newsweek has ...

President Trump vowed to impose tariffs of up to 100 percent on countries that back a new reserve currency among the BRICS countries, a group that includes Russia and China. Trump’s Truth Social ...

The US president wrote on the social media platform: “The idea that the Brics countries are trying to move away from the dollar, while we stand by and watch, is over.” Mr Trump, who has ...

The Kremlin on Friday brushed off a repeat threat by U.S. President Donald Trump to impose tariffs on the BRICS grouping of countries if it created its own currency, saying there was no such plan.

It's also unlikely that the BRICS members want to eventually move toward a fully-traded currency, like the dollar or euro. The euro took more than 40 years to come into being, from when it was ...