US President-elect Donald Trump has issued a strict warning, threatening 100 percent tariffs on a coalition of nations in the BRIC alliance if they want to challenge the dominance of the US dollar. The alliance consists of China, India, Brazil, Russia, Egypt, South Africa, Iran, and the United Arab Emirates, and has been advocating alternatives to the use of the dollar in global trade. Additional countries like Malaysia, Turkey, and Azerbaijan have applied for membership and many other countries have also shown interest in joining the group.