The president-elect's threat comes just days after he threatened big tariffs on Mexico, Canada and China. Experts warn of higher prices.

His threat was directed at countries in the so-called BRIC alliance, which consists of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and the United Arab Emirates.

U.S. President-elect Donald Trump on Saturday demanded that BRICS member countries commit to not creating a new currency or supporting another currency that would replace the United States dollar or face 100% tariffs.

Trump issued a stern warning to China over its BRICS bloc ambitions in a Truth Social post on Saturday afternoon.

President-elect Trump warned nations to forego efforts to adopt a new currency on Saturday by threatening to impose a 100 percent tariff on countries that try to undervalue the U.S. dollar. “We

US President-elect Donald Trump has threatened 100 per cent tariffs on Brics nations and allies if they support a new currency to replace the dollar i

BRICS, formed in 2009, is the only major international group of which the United States is not a part. Its other members are South Africa, Iran, Egypt, Ethiopia, and the United Arab Emirates.

President-elect Donald Trump issued a stark warning on Saturday, threatening to impose 100% tariffs on a bloc of nine nations if they take steps to undermine the US dollar's dominance.

In a forceful statement on Saturday, US President-elect Donald Trump issued a stern warning to BRICS member nations and their allies, threatening to impose 100% tariffs on their exports to the United States if they proceed with plans to introduce or support a currency aimed at replacing the US dollar in international trade.

US President-elect Donald Trump has threatened to impose 100% tariffs on the BRICS countries in his post on Truth Social if they do not give up trying to find an alternative to the dollar in international trade.