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THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Politics

Politics

Trump threatens a 100% tariff on ‘dead’ BRICS group if they ‘play games with the dollar’

Former U.S. President Donald Trump has warned BRICS nations against reducing reliance on the U.S. dollar, threatening 100% tariffs on their exports. This move could spark a global trade war, raising costs for American consumers and businesses. Experts warn of potential economic disruptions if tensions between the U.S. and BRICS escalate.

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Trump’s Warning to BRICS: Could a Global Trade War Be Coming?

Former U.S. President Donald Trump has once again sparked controversy with a bold threat against the BRICS economic alliance. This coalition, which includes Brazil, Russia, India, China, and South Africa, has been working to reduce its dependence on the U.S. dollar in global trade. Trump, known for his strong stance on trade policies, has now warned that such efforts will come with serious consequences.

On February 14, 2025, Trump issued a stern warning to BRICS nations, stating that if they continue pushing to weaken the dollar’s dominance, the U.S. will impose a 100% tariff on exports from these countries. This would effectively double the price of their goods in the American market.

“If they think they can play games with our currency, they’ve got another thing coming,” Trump reportedly said, emphasizing his commitment to protecting U.S. financial and economic power.

Why is BRICS Moving Away from the U.S. Dollar?

For years, BRICS countries, especially China and Russia, have been advocating alternatives to the dollar in international trade. This effort has accelerated due to geopolitical tensions and Western sanctions on Russia. Many BRICS nations are now turning to currencies like the Chinese yuan, and there are even talks of creating a new digital currency to bypass reliance on the dollar.

The U.S. dollar has traditionally served as the global reserve currency, granting America significant control over international trade. If BRICS succeeds in reducing its dependence on the dollar, it could weaken U.S. influence and limit Washington’s ability to exert economic pressure through sanctions and trade policies.

Could This Lead to a Global Trade War?

Trump’s warning raises concerns about a possible trade conflict between the U.S. and BRICS nations. If the U.S. moves forward with extreme tariffs, economic retaliation from BRICS countries is highly likely. China, being one of the largest exporters to the U.S., could respond with significant countermeasures, potentially leading to increased costs for American businesses and consumers.

Experts suggest that a full-blown trade war could disrupt global trade flows, affecting industries that rely on BRICS countries for raw materials and products. Retaliatory tariffs could make it harder for American companies to sell products in BRICS nations, harming sectors such as agriculture, manufacturing, and technology. Furthermore, a shift away from the dollar could create volatility in global financial markets and currency exchange rates.

Trump’s Dismissal of BRICS

Trump downplayed the strength of the BRICS alliance, calling it a “dead group” with little real economic power. While he seems confident that BRICS does not pose a serious challenge to the United States, many analysts disagree. BRICS nations collectively represent a large segment of the global economy and are increasing their financial influence.

What This Means for Businesses and Consumers

If tensions between the U.S. and BRICS escalate, the consequences could be widespread.

1. Higher Prices for Goods – U.S. companies that rely on Chinese, Indian, or Brazilian imports may face significantly increased costs. This could affect household items, electronics, and various consumer products.
2. Supply Chain Disruptions – A trade war could lead to delays and shortages in key industries, potentially impacting global markets.
3. Economic Uncertainty – A shift from the dollar in global trade could create instability in currency markets and international trade agreements.

Looking Ahead: Will This Conflict Escalate?

At this point, it is unclear whether Trump’s proposed tariffs will become a reality. However, his statements have already intensified discussions about a potential economic showdown. The coming months will be critical in determining whether BRICS continues its push for financial independence or if Trump’s warnings force them to reconsider.

One thing is certain—this situation could mark a turning point in global trade relations. How the U.S. and BRICS navigate their differences will likely shape the future of international economics for years to come.


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