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Headlines

Trump warns BRICS nations could face 100% tariffs

Published by Global Banking & Finance Review

Posted on February 13, 2025

1 min read

· Last updated: January 26, 2026

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President Trump warns BRICS nations of potential 100% tariffs on trade - Global Banking & Finance Review — In a recent statement, President Trump cautions that BRICS nations, including Brazil, Russia, India, and China, could incur 100% tariffs if they challenge U.S. dollar dominance. This warning highlights the tensions in global trade dynamics.

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WASHINGTON (Reuters) - 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." "If any trading gets

Trump Warns BRICS Nations of Potential 100% Tariffs

WASHINGTON (Reuters) - 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."

"If any trading gets through, it'll be 100% tariff, at least," he said in response to a question about the BRICS nations - Brazil, Russia, India and China - setting up their own currency.

(Reporting By Steve Holland; Editing by Chris Reese)

Key Takeaways

Trump threatens BRICS with 100% tariffs.
BRICS nations include Brazil, Russia, India, China.
Tariffs linked to BRICS setting up their own currency.
Trump's comments made in Washington.
Potential impact on international trade relations.

Frequently Asked Questions

What is the main topic?

The main topic is President Trump's warning to BRICS nations about imposing 100% tariffs if they attempt to challenge the US dollar with their own currency.

Why are tariffs being considered?

Tariffs are being considered as a response to BRICS nations potentially setting up their own currency, which could undermine the US dollar.

Who are the BRICS nations?

BRICS nations include Brazil, Russia, India, and China.

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