The Kremlin dismissed President Trump's renewed threat to impose tariffs on BRICS nations if they develop their own currency. Kremlin spokesperson Dmitry Peskov clarified that BRICS is not planning to create its own currency,

The Kremlin on Friday brushed off a repeat threat by U.S. President Donald Trump to impose tariffs on the BRICS grouping of countries if it created its own currency, saying there was no such plan.

Russia countered United States President Donald Trump’s tariff threat against BRICS while claiming the group has no intention to dethrone the US dollar. BRICS — a group of emerging economies including Brazil,