Trump has once again threatened BRICS nations with tariffs for establishing a common currency.

The USA will demand that BRICS countries refrain from creating a new currency and not support any other currency to replace the dollar, wrote Trump on the social network TruthSocial. According to him, "there is no chance that BRICS will replace the US dollar in international trade," and any country that attempts to do so "should welcome tariffs and say goodbye to America."

Almost identical statements were made by Trump at the end of November, just weeks after his victory in the presidential elections.

Kremlin spokesperson Dmitry Peskov stated that the creation of a common currency is not on the agenda. "BRICS is discussing the establishment of new joint investment platforms that will allow for collaborative investments in third countries, mutual investments, and so on; this is what the conversation is about," Peskov said.

• In 2023, Russian Finance Minister Anton Siluanov declared that BRICS countries are considering the creation of a unified settlement unit as an alternative to the dollar. This issue was also discussed at the BRICS summit in Johannesburg, which took place that same year.
• Russian President Vladimir Putin at the "Valdai" forum in 2024 announced that the economies of BRICS countries are not ready for such a currency. Prior to this, in September at the Eastern Economic Forum, he mentioned that Russia is not aiming for de-dollarization: "We have not refused to conduct transactions in dollars. They refused us, and we are simply forced to look for other options."