‘They can go find another sucker nation. There is no chance that BRICS will replace the U.S. dollar,’ he said.

On Thursday, U.S. President Donald Trump repeated strong tariff threats to deter the BRICS nations from replacing the U.S. dollar.

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“The idea that the BRICS countries are trying to move away from the dollar, while we stand by and watch, is over,” he wrote on his social media platform, Truth Social.

“We are going to require a commitment from these seemingly hostile countries that they will neither create a new BRICS currency, nor back any other currency to replace the mighty U.S. dollar or, they will face 100% Tariffs, and should expect to say goodbye to selling into the wonderful U.S. economy.”

“They can go find another sucker nation. There is no chance that BRICS will replace the U.S. dollar in international trade, or anywhere else, and any country that tries should say hello to tariffs, and goodbye to America!,” Trump said.

On his first day in the White House, Trump threatened to impose 25% tariffs next Saturday on Mexico and Canada—his two largest trading partners, with whom he signed the USMCA trade agreement—in retaliation for the flow of fentanyl and illegal migration at the border.

Days after taking office, Trump demonstrated the effectiveness of his tariffs as a pressure tool during a brief but intense diplomatic crisis with Colombia. This occurred after the country initially refused to accept deportation flights of migrants but ultimately complied following threats of tariffs ranging from 25% to 50%.

BRICS is an intergovernmental association founded in 2006, which held its first summit in 2009 in Yekaterinburg, Russia. Currently, this economic bloc consists of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, and the United Arab Emirates.

teleSUR/ JF Source: EFE

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