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'We have smart president, won't let dollar fall': Trump slams 'little group called BRICS'; claims it seeks to end US currency dominance

IndiaTimes Sunday, 20 July 2025 ()
Donald Trump has criticized the BRICS economic alliance, accusing it of attempting to undermine the dominance of the U.S. dollar. He threatened to impose a 10% tariff on member nations—Brazil, Russia, India, China, and South Africa—if they pursue alternatives to the dollar. Trump emphasized the importance of protecting the dollar as the world's reserve currency.
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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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