One of the first countries during Trump 2.0, to get threatened by tariffs, was also Japan, and Trump threatened tariffs on Japanese goods if the US trade deficit with Tokyo was not equalised. Japan is a treaty ally of the US Trump has used the threats of tariffs irrespective of whether the country in question is a treaty ally or not,

US President Donald 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.

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

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."