President-elect Trump on Saturday threatened the developing countries known the the BRICS bloc with "100% tariffs" if they try to move away or replace the dollar.

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.

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

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.

US President-elect Donald Trump warned the so-called Brics nations that he would require commitments that they would not move to create a new currency as an alternative to using the US dollar and repeated threats to levy a 100 per cent tariff.

President-elect Donald Trump issued a stark warning to China and its BRICS allies on Saturday, cautioning against attempts to replace the U.S. dollar as the global reserve currency. His remarks, shared via Truth Social,