LBCI

Trump repeats tariffs threat to dissuade BRICS nations from replacing US dollar

World News

31-01-2025 | 01:23

Share

Share

Trump repeats tariffs threat to dissuade BRICS nations from replacing US dollar

2^min

President Donald Trump on Thursday warned off BRICS member countries from replacing the U.S. dollar as a reserve currency by repeating a 100%-tariffs threat he had made weeks after winning the November presidential elections.

"We are going to require a commitment from these seemingly hostile Countries that they will neither create a new BRICS Currency nor back any other Currency to replace the mighty U.S. Dollar, or they will face 100% Tariffs," Trump said on Truth Social in a statement nearly identical to one he posted on November 30.

At the time, Russia said that any U.S. attempt to compel countries to use the dollar would backfire.

The BRICS grouping includes Brazil, Russia, India, China, South Africa, and others that joined in the past few years. The grouping does not have a common currency, but long-running discussions on the subject have gained some momentum after the West imposed sanctions on Russia over the war in Ukraine.

Reuters

World News

Donald Trump

BRICS

Currency

US Dollar

Next

China expresses 'deep condolences' over deadly Washington air crash

'Black boxes' recovered from crashed plane in Washington: US media reports

Previous

Recommended For You

Tesla shares surge after report Musk to leave Trump role

12:30

Tesla shares surge after report Musk to leave Trump role

Military confrontation 'almost inevitable' if Iran nuclear talks fail: French FM

11:43

Military confrontation 'almost inevitable' if Iran nuclear talks fail: French FM

US imposes sanctions on Russia-based network for helping Yemen's Houthis

11:09

US imposes sanctions on Russia-based network for helping Yemen's Houthis

UK says 'does not support' Israel's expansion of Gaza offensive

Israel-Gaza War Updates

08:56

UK says 'does not support' Israel's expansion of Gaza offensive

Subscribe to our VOD

SUBSCRIBE

Our visitors readings

Lebanon's Environment Minister participates in global dialogue on science diplomacy at UNESCO

02:16

Lebanon's Environment Minister participates in global dialogue on science diplomacy at UNESCO

Israeli official urges international support for Lebanese government and army

Middle East News

2025-03-19

Israeli official urges international support for Lebanese government and army

Patriarch Al-Rahi says Lebanon’s new leadership marks a hopeful but challenging phase for the country

2025-02-17

Patriarch Al-Rahi says Lebanon’s new leadership marks a hopeful but challenging phase for the country

Lebanon reports two killed, 26 injured in Israeli attacks on southern villages, says Health Ministry

2025-01-28

Lebanon reports two killed, 26 injured in Israeli attacks on southern villages, says Health Ministry

Videos

LBCI's Pierre El Daher bids farewell to Hoda Chedid: You will always be our guiding light

2025-03-23

LBCI's Pierre El Daher bids farewell to Hoda Chedid: You will always be our guiding light

Israeli official urges international support for Lebanese government and army

Middle East News

2025-03-19

Israeli official urges international support for Lebanese government and army

Israeli aircraft fly at low altitude over Beirut during Hezbollah's former leaders funeral

2025-02-23

Israeli aircraft fly at low altitude over Beirut during Hezbollah's former leaders funeral

Coffins of Sayyed Hassan Nasrallah and Hashem Safieddine enter Sports City Stadium (Video)

2025-02-23

Coffins of Sayyed Hassan Nasrallah and Hashem Safieddine enter Sports City Stadium (Video)

Tens of thousands gather at Sports City Stadium for farewell to Hezbollah’s former leader Nasrallah (Video)

2025-02-23

Tens of thousands gather at Sports City Stadium for farewell to Hezbollah’s former leader Nasrallah (Video)

Ahmad Hariri to LBCI: Future Movement returns to political arena to participate in all upcoming political events

2025-02-14

Ahmad Hariri to LBCI: Future Movement returns to political arena to participate in all upcoming political events

Saad Hariri holds series of diplomatic and religious meetings in Beirut

2025-02-13

Saad Hariri holds series of diplomatic and religious meetings in Beirut

LBCI monitors removal of barriers and barbed wire in Downtown Beirut

2025-02-13

LBCI monitors removal of barriers and barbed wire in Downtown Beirut

Armed robbery in Beirut's Hamra turns deadly as shop owner shoots fleeing robbers (Video)

2025-02-10

Armed robbery in Beirut's Hamra turns deadly as shop owner shoots fleeing robbers (Video)

Most read

24 hours

7 days

Month

Could a 'massive city' lie beneath Egypt’s pyramids? New findings raise questions

1

Could a 'massive city' lie beneath Egypt’s pyramids? New findings raise questions

Diplomatic pressure builds on Lebanon to set Hezbollah disarmament timeline, sources tell LBCI

2

Diplomatic pressure builds on Lebanon to set Hezbollah disarmament timeline, sources tell LBCI

Apple credits Lebanese researcher for uncovering major iOS security flaw

3

Apple credits Lebanese researcher for uncovering major iOS security flaw

Lebanese army shuts down two illegal border crossings to curb smuggling

4

Lebanese army shuts down two illegal border crossings to curb smuggling

Lebanon's $250 million war debris loan delayed pending Council for Development and Reconstruction appointments, sources tell LBCI

5

Lebanon's $250 million war debris loan delayed pending Council for Development and Reconstruction appointments, sources tell LBCI

Israeli army conducts sweeping operation near Meiss El Jabal, South Lebanon: NNA

6

Israeli army conducts sweeping operation near Meiss El Jabal, South Lebanon: NNA

Rocket attacks from Lebanon’s south—US wants answers: What’s the latest?

7

Rocket attacks from Lebanon’s south—US wants answers: What’s the latest?

Will Beirut's municipal elections break tradition? Here’s what we know

8

Will Beirut's municipal elections break tradition? Here’s what we know

Download now the LBCI mobile app

To see the latest news, the latest daily programs in Lebanon and the world

Google Play

App Store

Download now the LBCI mobile app

We use
cookies

We use cookies to make
your experience on this
website better.

Accept

Learn More