Russia Hits Back at US Tariff Threats While BRICS Accelerates Move Away from Dollar

Russian Deputy Foreign Minister Sergey Ryabkov, Russia’s BRICS representative, recently provided remarks on heightened concern regarding how the U.S. is reacting to BRICS activity. Speaking in an interview with the International Affairs journal, Ryabkov was stern but candid in tone, stating that Moscow is taking U.S. threats seriously but is dedicated to constructive dialogue and strategic coordination in BRICS.

BRICS Reforms Aim to Modernize, Not Replace the Dollar

Ryabkov explained that BRICS is not looking to introduce a currency which will compete with or replace the U.S. dollar. Instead, he explained that the economic initiatives of the group are looking to reshape the system of world accounting and finance in contemporary times. The aim, as Ryabkov described, is to shield the member states of the BRICS from so-called “monopolistic abuse” by the dominant powers of today’s financial world—hopefully the United States.

We are not developing dollar alternatives,” Ryabkov added. “We are introducing economic reforms so that our cooperation is not disrupted by those using their monopoly for malicious intentions.”.

Foundations for Change Are Already Laid

In Ryabkov’s opinion, the basis for these economic reforms has already been laid, and further evolution will be expected in the present BRICS leadership in Brazil. He dismissed the supposition that any improvement in U.S.-Russia relations would discredit the BRICS bloc. Instead, he noted that both trends are feasible and unrelated to each other.

BRICS on the Rise: Expanding Influence and Popularity

Ryabkov emphasized BRICS’ growing global role as it now speaks for nations like India, China, Brazil, and South Africa, as well as prospective new members. The organization has accelerated in recent years, he said—not only by attaining tangible achievements in various areas but also by being of interest to partner states as a nation with which to collaborate.

“BRICS is today a new, internationally recognized grouping,” Ryabkov said, describing how its reputation has changed, not just in the member countries, but in the world community at large.

Trump’s Warnings and Tariff Threats

In reaction to the perceived BRICS-facilitated financial threat, U.S. President Donald Trump recently issued dire threats. Trump threatened to impose 100% tariffs and restrict U.S. market access to any country that supports a currency that would threaten the dollar’s dominance worldwide. Trump’s comments are part of a broader effort to prevent de-dollarisation and maintain the dollar at the center of global transactions.

Fanning the flames, Trump stated that there would be an additional blanket 10% tariff on all imports, with significantly higher tariffs on some nations. This is ringing alarm bells in global markets and can further heighten geopolitical and economic tensions between the U.S. and rising blocs such as BRICS.

Conclusion: A Tense But Strategic Phase Ahead

As BRICS continues to advance with financial modernization, tensions with America appear to be escalating. Russia remains unfazed, willing to talk, while it is clear that the group feels it is preparing to be increasingly independent in the world financial system. As global support grows and reforms continue, BRICS will become a dominant player in shaping the future of global economics.