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Trump threatens BRIC nations with 100% tariff
Trump threatens 100% tariff on BRICS countries if they pursue creating new currency
President-elect Donald Trump said he would require countries that are part of BRICS — a China- and Russia-backed group of emerging economies — to commit to not creating new currency or face 100% tariffs during his administration.
BRICS currency: Is Trump's tariff threat justified?
Donald Trump has threatened 100% tariffs on imports from BRICS countries if they create a new currency to rival the US dollar. DW asks why the fastest-growing economies are challenging the world's reserve currency.
Why is Trump threatening a 100% tariff on the BRICS nations?
Donald Trump said the U.S. would hit Brazil, Russia and six other countries with a crushing tariff if they sought to challenge the dollar.
India Today on MSN
11h
Trump's hollow threat: How BRICS sidelined ‘wonderful economies' over time
The nine BRICS economies together constituted 35.8 per cent of the global GDP based on purchasing power parity in 2023.
National Herald
14h
Donald Trump bullies BRICS, which is unlikely to call his bluff
In a post, the US President-elect warned BRICS nations to refrain from challenging the dominance of the US dollar ...
BBC
6d
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 ...
AllAfrica.com
4d
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.
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