Trump's Tariff Warning To Brics Nations Intensifies After Nigeria Joins Partnership

Two weeks after Nigeria became a partner country of BRICS, US President Donald Trump reiterated his threat to impose 100 tariffs on the exports of BRICS nations if they attempt to replace the US dollar as the dominant currency in global trade.

In a statement on his Truth Social platform, Trump emphasised that BRICS countries must uphold the US dollar's central role in international commerce or face severe economic consequences.

"The idea that the BRICS Countries are trying to move away from the Dollar, while we stand by and watch, is OVER. We are going to require a commitment from these seemingly hostile Countries that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty US Dollar or, they will face 100 Tariffs, and should expect to say goodbye to selling into the wonderful US Economy, Trump declared.

He further stated, "They can go find another sucker Nation. There is no chance that BRICS will replace the US Dollar in International Trade, or anywhere else, and any Country that tries should say hello to Tariffs, and goodbye to America!"

On January 17, 2025, Brazil confirmed Nigerias admission as the 9th partner country of BRICS, joining nations like Belarus, Bolivia, Cuba, and others. The Nigerian Ministry of Foreign Affairs affirmed the partnership as a step toward inclusive growth, regional integration, and fostering a more equitable global economic framework.