Washington DC:2025/07/20: US President Donald Trump yesterday reiterated his threat of levying a 10-per cent tariff on imports from BRICS group members, saying the group of developing nations would end very quickly if they ever formed in a meaningful way.

Trump announced the new tariff on July 6, saying it would apply to any countries aligning themselves with what he termed the ‘anti-American policies’ of the BRICS group. However, BRICS leaders have rejected that allegation.

“When I heard about this group from BRICS, six countries, basically, I hit them very, very hard. And if they ever really form in a meaningful way, it will end very quickly,” Trump said without naming the countries. “We can never let anyone play games with us,” he was quoted as saying by global newswires.

He is committed to preserving the US dollar’s global status as a reserve currency and pledged to never allow the creation of a central bank digital currency in America, Trump said.