President Donald Trump said on Thursday that there is no chance for BRICS countries to replace the US dollar.

President Donald Trump on Thursday warned off BRICS member countries from replacing the U.S. dollar as a reserve currency by repeating a 100%-tariffs threat he had made weeks after winning the November presidential elections.

US President Donald Trump has threatened BRICS nations with 100% tariffs if they replace the US dollar as reserve currency. He has also threatened Canada and Mexico with tariffs.

In a post shared on social media platform Truth Social, Trump declared that the United States would not stand idly by while the BRICS bloc pursues the development of an alternative currency.

US President Donald Trump has warned BRICS nations against introducing a new currency or backing an alternative to the U.S. dollar. He stated that if they proceed, they would face 100% tariffs.

WASHINGTON: US President Donald Trump reiterated Thursday his threat to place 100 percent tariffs on BRICS nations, as the deadline loomed for him to impose tariffs on Canada and Mexico. Trump had previously threatened 100 percent tariffs on BRICS nations - a bloc including Brazil,