(Reuters) - President Donald Trump on Thursday warned off BRICS member countries from replacing the U.S. dollar as a reserve currency by repeating a 100%-tariffs threat he had made weeks after winning the November presidential elections.

President Donald Trump attempted to renew his threat against a bloc of nine nations in case they tried to undermine the US dollar. He threatened economic retaliation if these “seemingly hostile countries” moved away from the dollar,

President Trump vowed to impose tariffs of up to 100 percent on countries that back a new reserve currency among the BRICS countries, a group that includes Russia and China. Trump’s Truth Social post on Thursday reiterated threats he made in late November,