President Trump accused the BRICS alliance of aiming to undermine the US dollar, warning that member countries would face a 10% tariff. He downplayed the bloc's threat, asserting the dollar's dominance and stating that any challenges would come at a high cost.

Trump also said he doesn’t see BRICS as a serious threat but believes the group is trying to weaken the U.S. dollar so another country can replace it as the global standard.

US President Donald Trump on Tuesday said that members of the BRICS bloc, including India, will be subject to 10% additional tariffs.