President Donald Trump has threatened BRICS countries, warning them against replacing the U.S. dollar as a reserve currency and telling them, "Go find another sucker nation." Newsweek has contacted the White House and the foreign ministries of major BRICS members Brazil,

In a statement on Truth Social Thursday, Trump reiterated a threat from November 2024, pledging to impose 100 per cent tariffs on any BRICS country that seeks to challenge the dollar's dominance

The grouping does not have a common currency, but long-running discussions on the subject have gained some momentum.