Donald Trump openly threatened to impose 100% tariff on BRICS countries; Know- how much impact it will have on India

Donald Trump threatens BRICS Nations: BRICS countries are considering a new currency as an alternative to the US dollar, so that the dominance of the dollar can be reduced worldwide. At the same time, America's newly elected President Donald Trump has openly opposed this plan of BRICS countries. He has also threatened to impose 100% tariff on BRICS countries.
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Newly elected US President Donald Trump on Saturday threatened the BRICS countries, saying that if the nine nations (BRICS countries) try to weaken the US dollar, he will impose 100% tariffs on them. This means that attempts to weaken the dollar may prove costly for these countries. His threat is for the BRICS alliance – Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and the United Arab Emirates. Let us tell you that Türkiye, Azerbaijan and Malaysia have applied to become members of BRICS and many other countries also wish to join it.
Trump wrote in the X Post, “The BRICS countries are trying to move away from the dollar and we stand by and watch, such an idea is now over. We need a commitment from these countries that they will neither create a new BRICS currency nor support any other currency in place of the mighty US dollar. If the BRICS countries do so, they will face 100% tariffs, and should be prepared to say goodbye to selling products in the brilliant US economy. They can find another “fool”! There is no possibility that BRICS will replace the US dollar in international trade, and any country that tries to do so should say goodbye to the US.”

The idea that the BRICS Countries are trying to move away from the Dollar while we stand by and watch is OVER. We require a commitment from these Countries that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty U.S. Dollar or, they…
— Donald J. Trump (@realDonaldTrump) November 30, 2024
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Let us tell you that the introduction of a new currency was discussed in the BRICS conference held in South Africa in August 2023. In this conference, a proposal was made to create a common currency for mutual trade and investment between BRICS countries. During this time, Russian President Vladimir Putin had accused America of weaponizing the dollar. At the same time, Trump is enraged by the proposal of new currency of BRICS countries.
How much impact will 100% tariff have on India?
India is a member of the BRICS group and if America imposes 100% tariff, it will directly impact India. Because, India's trade with America is very big. Goods are being imported and exported between the two countries. The trade between India and the US was US $ 118.3 billion in the financial year 2023-24. In such a situation, if Trump really imposes 100% tariff, then India along with other BRICS member countries may be in trouble.
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