Donald Trump threatened BRICS countries with 100% tariffs if they replaced the dollar as the reserve currency. "We are going to require a commitment from these seemingly hostile Countries that they will neither create a new BRICS Currency,

The Kremlin on Friday brushed off a repeat threat by U.S. President Donald Trump to impose tariffs on the BRICS grouping of countries if it created its own currency, saying there was no such plan.

MOSCOW (Reuters) - The Kremlin on Friday noted a repeat threat by U.S. President Donald Trump to impose tariffs on the BRICS grouping of countries if it created its own currency, but said there were no such plans.