‘Smart president, won’t let dollar fall’: Trump hits out at BRICS over threat to US currency dominance

Donald Trump has criticized the BRICS economic alliance, accusing it of attempting to undermine the dominance of the U.S. dollar. He threatened to impose a 10% tariff on member nations—Brazil, Russia, India, China, and South Africa—if they pursue alternatives to the dollar. Trump emphasized the importance of protecting the dollar as the world’s reserve currency.