Trump's statement was made on his social media platform, Truth Social, on Saturday, targeting the bloc's ongoing efforts to challenge the dominance of the dollar.

The world could see a second wave of tariff war as Donald Trump takes office this January. The US President-elect has threatened a 100% tariff on the BRICS countries, including India, if they undercut the US dollar or replace it with another currency for international transactions.

President-elect Trump on Saturday threatened the developing countries known the the BRICS bloc with "100% tariffs" if they try to move away or replace the dollar.

They can go find another ‘sucker!’ There is no chance that the BRICS will replace the U.S. Dollar in International Trade, and any Country that tries should wave goodbye to America.”

Trump is threatening 100% tariffs against a bloc of nine nations including Brazil, Russia, India, China and South Africa if they act to undermine the U.S. dollar.

President-elect Donald Trump on Saturday warned the BRICS nations they will face a 100% tariff in U.S. domestic markets if they proceed with plans to create a new currency to compete with the dollar.

Donald Trump warned of 100% tariffs on BRICS nations — composed of Brazil, Russia, India, China and South Africa — should they develop a new currency to compete with the U.S. dollar. “The idea that the BRICS countries are trying to move away from the dollar while we stand by and watch is over,

Trump threatens 100 per cent tariffs against BRICS nations if they stop using US dollar. Australia becomes first country to ban under 16s from social media King Arthur site is 4,000 years older than initially thought Matildas lose to Brazil after Catley pre-game drama Why some people remember dreams (and others don't) Fatty announces retirement after glittering TV career Ranked: the longest-living car engines Top 15 Unsolved Mysteries with Chilling Pieces of Evidence Live in an apartment and want to charge an electric car at home?