India, Jan. 31 -- President Donald Trump on Thursday cautioned BRICS member countries against replacing the U.S. dollar as the global reserve currency, reiterating a threat of 100% tariffs that he had issued after winning the US elections in November.

In a post on social media platform TruthSocial, Trump said, "We are going to require a commitment from these seemingly hostile Countries that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty U.S. Dollar or, they will face 100% Tariffs."

He added, "They can go find another sucker Nation. There is no chance that BRICS will replace the U.S. Dollar in International Trade, or anywhere else, and any Country that tries should say hello to Tariffs, a...