'BRICS Was An Attack On Dollar': Trump Justifies Imposition Of Tariffs

Last Updated:October 15, 2025, 01:45 IST

Trump criticised BRICS as an attack on the dollar, announced tariffs on BRICS nations, targeted China over soybeans, and called ABC fake news during talks with Javier Milei.

US President Donald Trump during a meeting with his Argentinian counterpart, Javier Milei, at the White House.

Attacking the BRICS member nations, President Donald Trump on Tuesday said the US will put tariffs as “BRICS was an attack on the dollar".

“I’m very strong on the dollar, and anybody that wants to deal in dollars, they have an advantage over people that aren’t… anybody that wants to be in BRICS, that’s fine, but we’re going to put tariffs on your nation… BRICS was an attack on the dollar," Trump told reporters during a meeting with his Argentinian counterpart, Javier Milei, at the White House.

The US President has doubled down on his tariffs on BRICS countries, especially on India. Trump has called the group “anti the United States".

He also addressed China’s recent decision to buy soybeans from Argentina instead of the United States, suggesting it was an attempt to weaken ties between Washington and Buenos Aires. “China likes to draw wedges. I guess that’s natural, but it’s not going to mean anything in the end," he said.

In a post on Truth Social, he said: “I believe that China purposefully not buying our Soybeans, and causing difficulty for our Soybean Farmers, is an Economically Hostile Act. We are considering terminating business with China having to do with Cooking Oil, and other elements of Trade, as retribution. As an example, we can easily produce Cooking Oil ourselves, we don’t need to purchase it from China."

According to a report by NBC News, US-China relations have been strained in Trump’s second term by an ongoing trade war, technological competition and differences over wars in Ukraine and the Middle East.

During the Q&A session, Trump attacked US network ABC calling them “fake news". BBC quoted him as saying that he will no longer take questions from them.

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