Trump issued a stern warning to China over its BRICS bloc ambitions in a Truth Social post on Saturday afternoon.

His threat was directed at countries in the so-called BRIC alliance, which consists of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and the United Arab Emirates.

U.S. President-elect Donald Trump on Saturday demanded that BRICS member countries commit to not creating a new currency or supporting another currency that would replace the United States dollar or face 100% tariffs.

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.

BRICS members and other developing nations say they are fed up with America’s dominance of the global financial system.

Donald Trump warns of 100% tariffs on BRIC nations if they undermine the US dollar, highlighting tensions in global finance.

Stock markets fell and the dollar rallied Tuesday after Donald Trump warned he would impose huge new tariffs on China, Mexico and Canada on his first day in office, dealing a blow to hopes of a more moderate approach to trade policy.

In a forceful statement on Saturday, US President-elect Donald Trump issued a stern warning to BRICS member nations and their allies, threatening to impose 100% tariffs on their exports to the United States if they proceed with plans to introduce or support a currency aimed at replacing the US dollar in international trade.

US President-elect Donald Trump has threatened to impose 100% tariffs on the BRICS countries in his post on Truth Social if they do not give up trying to find an alternative to the dollar in international trade.