US President Donald Trump has once again made a sharp statement about the emerging global alliance BRICS. Trump warned that if this group actually organized, it will end it very soon. Even before this, Trump had warned BRICS countries.

In a statement on Friday (July 19, 2025), Trump said, “If a group named BRICS actually becomes something, I will finish it very soon. We will not let anyone play a game from America.” Trump has threatened to impose 10% import duty on countries associated with BRICS. This fee will apply to those countries which, according to Trump, support anti-America policies. In early July, he made this tariff policy public.

Resolve to maintain dollar as ‘reserve currency’

Trump clearly stated that he would not allow the US dollar global currency status to weaken and will never apply the idea of Central Digital Currency (CBDC) in America. He said, “I will never accept digital dollars. It will eliminate America’s independent financial identity.”

What did BRICs say on Trump’s allegations?

BRICS has dismissed Trump’s allegations. The group says that its aim is to give a shared platform to developing countries, not to oppose America. BRICS countries include Brazil, Russia, India, China and South Africa.

The BRICS group also included new member countries like Iran and Indonesia, moving beyond Brazil, Russia, India, China and South Africa last year. At the BRICS summit held in Brazil, group leaders indirectly criticized the US military and trade policies.

Trump’s target at Brazil

Here, Trump has announced a 50% import duty for Brazil, which will be applicable from August. At the same time, the US has also started a formal investigation of Brazil’s business model, which has been described inappropriate.

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