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Trump Threatens 100% Tariffs on BRICS Nations over Effort to Replace Dollar

UNITED STATES, JUL 14 – Trump threatens 10% to 100% tariffs on BRICS nations to counter their push for dedollarization and expanding membership, aiming to preserve US dollar dominance in global trade.

  • India remains confident of finalising a mini interim trade deal by August 1, 2025, addressing tariff deadlocks in dairy, agriculture and automobile sectors.
  • Agricultural market access has become a sticking point, as trade talks hit a roadblock with Washington insisting on opening up India’s agriculture sector and strict limitations on genetically modified products, while New Delhi resists.
  • A record 728 drones were launched on July 9, 2025, during intensified assaults on Ukraine, followed by a second wave of 18 missiles and around 400 drones targeting Kyiv.
  • President Donald Trump warned on Friday that BRICS exports would face 100 per cent tariffs if they challenge the US dollar’s dominance, and he reiterated this threat on July 8, 2025.
  • UNRWA said Gaza has become a ‘graveyard of children’ and ‘starving people,’ and the UN reports that since May around 800 Palestinians were killed seeking aid.
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Modern Diplomacy broke the news in on Monday, July 14, 2025.
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