Trump Sounds Alarm : ‘BRICS Threatens’ U.S. Dollar Supremacy!
"We have a smart president, won't let dollar fall"-Trump
Trump Sounds Alarm: ‘BRICS Threatens’ U.S. Dollar Supremacy! U.S. President Donald Trump has issued a sharp rebuke of the BRICS alliance (Brazil, Russia, India, China, and South Africa) over their growing efforts to reduce dependence on the U.S. dollar in international trade. He warned that member nations, Brazil, Russia, India, China, and South Africa could face a 10% tariff if they pursue such efforts.
“You have this little group called BRICS. It’s fading out fast, but BRICS is, they wanted to try and take over the dollar, the dominance of the dollar, and the standard of the dollar,” Trump
told reporters at the White House on Friday.
By Dr. Namrata Mishra Tiwari, editor India Input.
🚨🇺🇸 BRICS is FADING OUT fast: Trump
Meanwhile BRICS:
◾️Represents 40% of global GDP
◾️45% of the world’s population pic.twitter.com/Rq8yquh5AV— Sputnik India (@Sputnik_India) July 19, 2025
Speaking during the signing of the GENIUS Act, the first US law creating a regulatory framework for stable coin cryptocurrencies, Trump said, “No, we’re not going to let the dollar slide. If we have a smart president, you’re never going to let the dollar slide.”
If you have a dummy, that could happen,” he added.
He further warned that, “anybody that’s in the BRICS consortium of nations, we’re going to tariff you 10 per cent.”
Trump said BRICS nations held a meeting the next day, but “almost nobody showed up” because “they didn’t want to be tariffed. It’s amazing,” he remarked.
#India-Russia partner sovereign payments: UPI,MIR& SPFS Link-Up
UPI,MIR& SPFS, RuPAY Linkup! An ‘X’ user tweets!
#India-Russia partner sovereign payments: UPI, MIR & SPFS Link-Uphttps://t.co/hxoHuGDp4u#india#russia#dedollarization#dollar#ruble#rupee#inr#putin#modi#nato
#brics#india#russia#dedollarization#dollar#ruble#rupee#inr#putin#modi#nato#brics#india— Dr. Namrata Mishra Tiwari (@NamrataT15) July 19, 2025
Trump underscored the importance of protecting the US dollar and said that it must remain the world’s reserve currency “for generations to come,” calling it “so important.” He warned, “If we lost that, that would be like losing a world war.”
“We can never let anyone play games with us, and that’s why when I heard about this group from BRICS- six countries basically, I hit them very, very hard and if they ever form, if they ever really formed in a meaningful way, it will end very quickly… I don’t think they’ll even do it. They’re virtually afraid of me,” TRUMP added.
This marks the second time in 10 days that Trump has issued a tariff threat to BRICS nations amid growing global discussions around alternatives to the dollar in international trade
#TRUMP initially issued the warning on July 6, accusing the BRICS group – now expanded to include Egypt, Ethiopia, Iran, and the UAE, of trying to “hurt” the US and “degenerate” the dollar.
Despite Trump’s repeated claims, no evidence has been presented to show BRICS aims to undermine the dollar or harm the US.
“BRICS is reportedly planning to launch a banknote that will replace dollar.”
An old tweet of Oct 24, 2024 on ‘X’ Retweeted!
BIG BREAKING NEWS 🚨 BRICS is reportedly planning to launch a banknote that will replace dollar.
Reports say that the note could be called ‘the unit’. Not yet officially launched, SERIOUS discussions underway.
BRICS declaration calls for use of LOCAL CURRENCY to boost trade.… pic.twitter.com/z90TiG22yb
— Times Algebra (@TimesAlgebraIND) October 24, 2024
A study by the Atlantic Council’s Geo-Economics Center last year showed that the U.S. dollar remains the world’s primary reserve currency, and neither the euro nor the so called #BRICS and beyond have been able to reduce global reliance on the dollar.
The 17th BRICS Summit, held in Rio de Janeiro on July 6-7, included a declaration that indirectly criticized the US, expressing serious concern over unilateral tariff hikes.
Brazil’s Lula FIRES back at Trump’s BRICS tariff threat!
An ‘X’ user tweets !
Brazil’s Lula FIRES back at Trump’s BRICS tariff threat!
‘I don’t even think I should comment’
‘Trump needs to understand that world has CHANGED’
‘If Americans can impose tariffs then so can other countries’
This confidence portrays the pace at which BRICS is bypassing USD. pic.twitter.com/syplMeNQRw
— BhikuMhatre (@MumbaichaDon) July 8, 2025
Meanwhile, India and the US teams have concluded the fifth round of talks for the proposed bilateral trade agreement (BTA) in Washington on July 17, an official said in New Delhi. India’s chief negotiator and special secretary in the Department of Commerce Rajesh Agarwal led the team for negotiations that were held for four days from 14 July in the US capital.
These deliberations are important as both sides are looking at finalizing an interim trade deal before August 1, which marks the end of the suspension period of Trump tariffs imposed on dozens of countries, including India (26%).
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