Donald Trump, the president-elect of the United States, has issued a strong warning to BRICS nations, including India. He has threatened to impose 100 percent tariffs on goods if these countries try to undermine the US dollar's status as the world's reserve currency.
Trump has demanded that these countries commit to not creating a new BRICS currency or supporting alternatives to the US dollar. He has stated that failure to comply with this demand will result in severe economic consequences.
India, as part of BRICS, has been actively promoting the use of local currencies to mitigate trade disruptions caused by sanctions and a tightening US dollar supply. This reflects India's strategic efforts to navigate the changing global economic landscape while maintaining its trade relationships.