7 months ago
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U.S. President Donald Trump has called the BRICS grouping an "attack" connected the U.S. dollar, claiming that helium threatened nations seeking to articulation the bloc with tariffs pursuing which "everybody dropped out".
BRICS comprises Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran, and the United Arab Emirates. Mr. Trump has often threatened to enforce further tariffs connected the bloc for what helium calls its "anti-American” policies.
The BRICS nations person voiced superior concerns astir the emergence of unilateral tariff and non-tariff measures which distort trade.
Speaking astatine a bilateral gathering with Argentine President Javier Milei connected Tuesday (October 14, 2025), Mr. Trump said helium was "very strong" connected the dollar, adding that "anybody who wants to woody successful dollars" volition person an "advantage" implicit those who bash not.
"...I told anybody who wants to beryllium successful BRICS, that's fine, but we're going to enactment tariffs connected your nation. Everybody dropped out. They're each dropping retired of BRICS," helium claimed.
"BRICS was an onslaught connected the dollar," helium said.
The U.S. President said helium told imaginable members that if they "want to play that game, I'm going to enactment tariffs connected each of your merchandise coming into the U.S."
He added that if erstwhile President Joe Biden oregon Democrat Kamala Harris had been elected, "you wouldn't person the dollar arsenic your currency anymore".
"You wouldn't person a satellite domination by the dollar if I didn't triumph this election," helium said.
Last month, the BRICS nations expressed interest implicit the proliferation of trade-restrictive actions successful the signifier of “indiscriminate rising” of tariffs, peculiarly measures utilized arsenic a means of “coercion”, cautioning that specified practices hazard marginalising the Global South countries.
Earlier this year, Mr. Trump imposed tariffs connected aggregate countries, including 50% connected Indian exports.
