Trump Pledges To Defend US Dollar Against BRICS Currency

By Stefan J. Bos, Chief International Correspondent Worthy News

WASHINGTON (Worthy News) – U.S. President-elect Donald Trump warned Saturday that he would impose 100 percent tariffs on imports from BRICS countries if they threaten the U.S. dollar as the world’s reserve currency.

BRICS, the intergovernmental group of nine nations, including its founders Brazil, Russia, India, China, and South Africa, as well as newcomers Iran, Egypt, Ethiopia, and the United Arab Emirates, is considering its own currency to challenge the greenback’s dominance.

“The idea that the BRICS Countries are trying to move away from the Dollar while we stand by and watch is OVER,” Trump stressed in a statement on his Truth Social media network.

“We require a commitment from these Countries that they will neither create a new BRICS Currency nor back any other Currency to replace the mighty U.S. Dollar, or they will face 100% Tariffs and should expect to say goodbye to selling into the wonderful U.S. Economy,” he added.

The BRICS nations discussed the issue of de-dollarization at a summit last year.

The backlash against the dollar’s dominance gained traction in 2022 amid the U.S.-led efforts to impose economic sanctions on Russia following its full-scale invasion of Ukraine.

MORE TARIFFS

Trump suggested he could extend the tariffs policy to other countries, saying earlier this year that he “would not allow countries to go off the dollar” as it would be “a hit to our country.”

Separately, Trump already announced he would impose a 25 percent tariff on all products from Mexico and Canada and an additional 10 percent tariff on goods from China on his first day in office in January.

Canadian Prime Minister Justin Trudeau met with Trump on Friday to discuss trade and border issues to ease tensions between the two allied nations after the tariff threat.

Yet it remained unclear whether Trump would back down.

Trump’s talks on tariffs rattled sectors of financial markets, with shares of U.S. and European automakers dropping last week.

Critics say the Trump tariffs threaten the automobile industry’s supply chains and raise investor concerns about higher costs.

Copyright 1999-2026 Worthy News. This article was originally published on Worthy News and was reproduced with permission.

More Worthy News

DHS Reportedly Preparing Voter Fraud Probe Surge In Nine States Ahead Of Midterms
DHS Reportedly Preparing Voter Fraud Probe Surge In Nine States Ahead Of Midterms
Monday, August 31, 2026

The Department of Homeland Security is preparing to intensify voter-fraud investigations in nine states ahead of the midterm elections, according to a Newsmax report citing federal guidance.

U.S. Approves $800 Million Helicopter Arms Deal With Iraq
U.S. Approves $800 Million Helicopter Arms Deal With Iraq
Monday, August 31, 2026

The U.S. State Department has approved a possible $800 million foreign military sale to Iraq, a package aimed at strengthening Baghdad’s ability to move troops, conduct reconnaissance, and strike hostile targets amid continuing instability across the region.

Israel, Greece Sign $3.5 Billion ‘Achilles Shield’ Air Defense Deal
Israel, Greece Sign $3.5 Billion ‘Achilles Shield’ Air Defense Deal
Monday, August 31, 2026

Israel and Greece have signed a landmark defense agreement worth roughly €3 billion, or about $3.5 billion, under which Israel will help build a multi-layered air defense system for Greece known as “Achilles Shield.”

Israeli Military Raises Readiness as Turkish Naval Activity Sparks Concern
Israeli Military Raises Readiness as Turkish Naval Activity Sparks Concern
Monday, August 31, 2026

Israel’s military is raising its readiness level amid growing concern over Turkish naval movements in the eastern Mediterranean, as tensions between Jerusalem and Ankara continue to sharpen over Syria, Gaza, and Turkey’s expanding regional posture.

Pakistan Christians Alarmed By Deadly Violence, Abductions And Forced Conversion Claims (Worthy News In-Depth)
Pakistan Christians Alarmed By Deadly Violence, Abductions And Forced Conversion Claims (Worthy News In-Depth)
Monday, August 31, 2026

Christians and rights advocates in Pakistan have expressed mounting concern over reported deadly attacks, intimidation, abductions of girls and alleged forced conversions involving the nation’s Christian minority, with several incidents emerging across the Muslim-majority country.

Pastor Identified As Victim Of Deadly Christian Festival Sign Collapse
Pastor Identified As Victim Of Deadly Christian Festival Sign Collapse
Monday, August 31, 2026

The 41-year-old man who died after a large wooden sign fell at a major Christian festival in England was identified Sunday as Robert Guanco, a pastor at a church in the coastal town of Eastbourne.

Supreme Court Allows Trump’s White House Ballroom Construction to Continue
Supreme Court Allows Trump’s White House Ballroom Construction to Continue
Monday, August 31, 2026

The Supreme Court on Monday allowed the Trump administration to resume above-ground construction of President Donald Trump’s planned White House ballroom, lifting a lower-court order that had halted much of the project.