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‘Little group fading fast’: Donald Trump mocks Brics; reiterates 10% tariff threat to protect US dollar dominance

IndiaTimes Saturday, 19 July 2025 ()
Donald Trump dismissed the Brics group as fading and threatened tariffs on nations aligning with its policies, claiming credit for weakening their efforts to rival the US dollar. He signed the GENIUS Act into law, establishing a regulatory framework for payment stablecoins and preventing a US central bank digital currency. Brics denies being anti-American, despite Trump's claims.
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Video Credit: Oneindia - Published
News video: Trump Vs BRICS: Trump MOCKS Brics As “Little Group Fading Fast”; Vows 10% Tariff  On BRICS Nations

Trump Vs BRICS: Trump MOCKS Brics As “Little Group Fading Fast”; Vows 10% Tariff On BRICS Nations 03:27

During the signing of the landmark GENIUS Act, President Trump launched a spectacular verbal assault on BRICS, calling the bloc a “little group fading fast”, accusing it of trying to dethrone the US dollar. He reaffirmed his threat of a 10% tariff on any country joining the alliance, claiming the...

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IndiaTimes Also reported by •DNA