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.

President Donald Trump of the United States has threatened the BRICS group of emerging economies with tariffs of 100 per cent if they move away from the US dollar as an international means of payment.

President Donald Trump says his 25% tariffs on Canada and Mexico are coming on Saturday. WASHINGTON— President Donald Trump said his 25% tariffs on Canada and Mexico are coming on Saturday, but he’s still considering whether to include oil from those countries as part of his import taxes.

U.S. president Donald Trump has apparently confused Spain for a member of the BRICS bloc of developing economies, causing some head-scratching and jitters over possible tariffs in Madrid.

In a post shared on social media platform Truth Social, Trump declared that the United States would not stand idly by while the BRICS bloc pursues the development of an alternative currency.

Shri Shri Donald J. Trump, the 47th president of the USA, has been on a loop yelling ‘tariffs’ from the rooftop and basement ever since his re-election campaign.

Donald Trump stated that no currency would replace the US dollar and that any attempt would invite high tariffs

President Donald Trump has issued a warning to Brics nations about facing 100 percent tariffs if they attempt to replace the US dollar with another cu

President Donald Trump is warning a coalition of countries to find “another sucker nation” if they opt to move away from the U.S. dollar.

US President Donald Trump said he will impose 100 percent tariffs on Brics countries if they create a new currency, reported Sputnik/RIA Novosti. “The idea that the Brics countries are trying to move away from the dollar, while we stand by and watch, is over.

By moving away from the US Dollar, BRICS are looking to circumvent economic pressures and protect their financial interests.