President Trump threatened BRICS nations with 100% tariffs on imports into the U.S. if they proceed with a common currency, declaring that ‘BRICS is dead.’ This warning coincided with an upcoming meeting with Indian Prime Minister Modi, adding pressure on the bloc amid their efforts for greater economic collaboration.
On February 13, 2025, U.S. President Donald Trump issued a stark warning to the BRICS nations—Brazil, Russia, India, China, and South Africa—threatening to impose 100% tariffs on all imports if they pursued the establishment of a unified currency. This statement marked a significant confrontation with the bloc, which aims at enhanced economic cooperation among its members. Notably, this warning came immediately before Trump’s meeting with Indian Prime Minister Narendra Modi, highlighting the tension within the group.
Trump’s comments reflect a strong stance against the BRICS nations’ aspirations for economic independence and a move away from the US dollar. His declaration that ‘BRICS is dead’ symbolizes a potential shift in global economic dynamics, underscoring the fragile relationship between the U.S. and these emerging economies. The situation will be closely monitored as the fallout from these threats could reshape international trade interactions.
Original Source: www.hindustantimes.com
