Trump promises staggering tariffs for BRICS countries if they abandon U.S. currency
BRICS, which is an acronym for Brazil, Russia, India, China, and South Africa, is an economic and geopolitical bloc whose power has grown in recent years.
Trump is now threatening 100% tariffs on the BRICS group — which comprises 9 emerging market countries
BRICS comprises nine countries — Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, and the United Arab Emirates — which are aiming to flex their economic power in a world where the US dollar continues to reign supreme as the leading ...
Trump threatens a 100% tariff on BRICS countries if they abandon U.S. dollar
In a post on Truth Social Saturday, President-elect Donald Trump said he would impose a 100% tariff on the BRICS geopolitical coalition of non-Western countries if the group moves away from trading using the U.
Donald Trump Threatens BRICS Countries—Including Russia, India—With 100% Tariffs
The proposed tariffs would remain until those nations commit to not backing a new currency to replace the dollar, Trump said.
Trump threatens 100% tariff on the BRIC bloc of nations if they act to undermine US dollar
His threat was directed at countries in the so-called BRIC alliance, which consists of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and the United Arab Emirates.
Trump Demands ‘Commitment’ From BRICS Nations on Using Dollar
US President-elect Donald Trump warned the so-called BRICS nations that he would require commitments that they would not move to create a new currency as an alternative to using the US dollar and repeated threats to levy a 100% tariff.
Trump threatens 100% tariffs amid BRICS currency concerns
President-elect of the United States, Donald Trump, threatened the BRICS countries on Saturday with 100 percent tariffs on their products. This will occur if BRICS challenges the dollar's position as the most important currency in international economic relations.
Trump Warns BRICS Nations Of 100% Tariffs If They Challenge The US Dollar
US President-elect Donald Trump made it clear on Saturday that he expects BRICS member countries—Brazil, Russia, India, China, and South Africa—to refrain from creating a new currency or supporting any alternative to the US Dollar.
Trump threatens 100% tariff on Brics countries if they undercut US dollar
At a Brics summit in October, countries discussed boosting non-dollar transactions and strengthening local currencies. Read more at straitstimes.com.
Donald Trump threatens BRICS nations with 100 pc tariffs over dollar replacement plans
US President-elect Donald Trump on Saturday threatened the BRICS nations, including India, with 100 per cent tariffs and called for a clear commitment from these countries to refrain from creating a new currency or supporting any other currency to replace the US dollar.
Trump promises 100% tariffs on BRICS nations if they create rival currency
President-elect Donald Trump on Saturday warned the BRICS nations they will face a 100% tariff in U.S. domestic markets if they proceed with plans to create a new currency to compete with the dollar.
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Trump threatens 100 percent tariff on BRICS nations if they try to undermine U.S. dollar
and should expect to say goodbye to selling into the wonderful U.S. Economy.” At a summit of BRIC nations in October, ...
Stay invested in America and avoid the BRICS
The BRICS are not only poor competition for the West, the greater risk is many will become so economically and politically ...
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Brics: What is the group and which countries have joined?
The Brics group wants emerging economies to have more influence in international politics. In 2006, Brazil, Russia, India ...
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Nigeria: Brics Partnerships Drive $1.27 Billion Capital Inflow to Nigeria
This marks a substantial rise from $438.72 million during the same period in 2023, reflecting Nigeria's strategic engagement with BRICS economies to drive development.