Malaysia, as a partner country of Brics, will closely monitor the development of US President-elect Donald Trump’s threat to impose 100 percent tariffs on Brics countries, said Investment, Trade and Industry Minister Tengku Zafrul Abdul Aziz.

Trump recently made the threat against nations in the bloc if they were to create a rival currency to the US dollar.

“We are not a member of Brics. We are with countries that have...