President Donald Trump has threatened BRICS countries, warning them against replacing the U.S. dollar as a reserve currency and telling them, "Go find another sucker nation." Newsweek has contacted the White House and the foreign ministries of major BRICS members Brazil,

The grouping does not have a common currency, but long-running discussions on the subject have gained some momentum.

Kremlin spokesperson Dmitry Peskov clarified that BRICS, of which Russia is a member, was not considering the creation of a shared currency but was instead focused on developing joint investment platforms.