President-elect Donald Trump said he would require countries that are part of BRICS — a China- and Russia-backed group of emerging economies — to commit to not creating new currency or face 100% tariffs during his administration.

In a post on Truth Social Saturday, President-elect Donald Trump said he would impose a 100% tariff on the BRICS geopolitical coalition of non-Western countries if the group moves away from trading using the U.

Trump said he wants Brazil, Russia, India, China and South Africa to commit to not creating a new currency or face 100% tariffs during his administration.

Trump is threatening 100% tariffs against a bloc of nine nations including Brazil, Russia, India, China and South Africa if they act to undermine the U.S. dollar.

Trump also said in his post that the countries "can go find another 'sucker!' There is no chance that the BRICS will replace the U.S. Dollar in International Trade, and any Country that tries should wave goodbye to America.

Washington: President elect DonaldTrumpon Monday threatened to impose a 100 percent tariff on the BRICS group nations if they undercut the US

ISTANBUL : US president-elect Donald Trump issued a warning yesterday that he would impose a 100% tariff on any BRICS country that attempts to move from the US dollar in international trade, reported AA.

Donald Trump threatens a 100% tariff on BRICS nations if they create a currency to challenge the US dollar's dominance.

US President-Elect Donald Trump has threatened to impose 100 percent tariffs on exports to BRICS countries planning to replace the dollar in global trade.

President-elect Donald Trump on Saturday warned BRICS countries against any move to replace the US dollar and has sought a commitment from the nine-member group that includes India, Russia, China, and Brazi.

The group, which includes Brazil, Russia, India, China and others, discussed boosting non-dollar transactions at a recent summit.