In a renewed warning to BRICS, former U.S. President Donald Trump threatened a 10% tariff on countries aligning with what he called “anti-American” BRICS policies. Trump had earlier warned of 100% tariffs if BRICS moved away from the U.S. dollar. BRICS now includes 10 nations and accounts for 45% of the global population. While countries like China and Russia trade in local currencies, India clarified it doesn't target the dollar but uses alternative mechanisms to protect trade. India also resists de-dollarisation, wary of the Chinese yuan’s rise. Officials stress India’s focus is on de-risking trade, not replacing the dollar.