President Donald Trump reiterated his threat of 100% tariffs against BRICS nations, demanding that they pledge not to challenge the U.S. dollar.
The Kremlin on Friday brushed off a repeat threat by U.S. President Donald Trump to impose tariffs on the BRICS grouping of countries if it created its own currency, saying there was no such plan. Trump on Thursday warned off BRICS member countries from replacing the U.
President Donald J. Trump is putting BRICS nations on notice over its desired separation from the U.S. dollar. Brazil, Russia, India, China, and South Africa (BRICS) allied […]
By moving away from the US Dollar, BRICS are looking to circumvent economic pressures and protect their financial interests.
Russia warned that U.S. efforts to enforce dollar use could backfire. The BRICS nations, while discussing a common currency, are unlikely to replace the dollar, as Trump threatens 100% tariffs on countries attempting to do so amid U.
The BRICS group of emerging-market powers — the acronym stands for Brazil, Russia, India, China and South Africa — has gone from a slogan dreamed up at an investment bank two decades ago to a real-world club that controls a multilateral lender.
US President Donald Trump has warned the BRICS member countries against replacing the US dollar as a reserve currency by repeating a 100 percent-tariffs threat he had made weeks after winning the November presidential elections.
U.S. president Donald Trump has apparently confused Spain for a member of the BRICS bloc of developing economies, causing some head-scratching and jitters over possible tariffs in Madrid.
President Trump said the BRICS nations can say "hello to Tariffs, and goodbye to America" if they create a new currency.
US President Donald Trump has once again warned BRICS nations that he would impose 100 per cent tariffs against them if they attempted to replace the US dollar in international trade, telling them to go and find “another sucker nation”.
BRICS doesn’t plan to create a new common currency to replace the dollar, Kremlin spokesman Dmitry Peskov said.