'We have smart president, won't let dollar fall': Trump slams 'little group called BRICS'; claims it seeks to end US currency dominance
Sunday, 20 July 2025 () Donald Trump has criticized the BRICS economic alliance, accusing it of attempting to undermine the dominance of the U.S. dollar. He threatened to impose a 10% tariff on member nations—Brazil, Russia, India, China, and South Africa—if they pursue alternatives to the dollar. Trump emphasized the importance of protecting the dollar as the world's reserve currency.
During the signing of the landmark GENIUS Act, President Trump launched a spectacular verbal assault on BRICS, calling the bloc a “little group fading fast”, accusing it of trying to dethrone the US dollar. He reaffirmed his threat of a 10% tariff on any country joining the alliance, claiming the...
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US President Donald Trump has threatened to impose 10 per cent tariffs on BRICS member again. On July 8, President Trump claimed that BRICS was established to... DNA
Donald Trump dismissed the Brics group as fading and threatened tariffs on nations aligning with its policies, claiming credit for weakening their efforts to... IndiaTimes