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.
Donald Trump warns BRICS countries of "100% tariff" over new currency plans
Donald Trump warned of 100% tariffs on BRICS nations — composed of Brazil, Russia, India, China and South Africa — should they develop a new currency to compete with the U.S. dollar. “The idea that the BRICS countries are trying to move away from the dollar while we stand by and watch is over,
Trump threatens 100% tariffs on China and Russia if BRICS group of nations issues new currency
US President-elect Donald Trump threatened to levy 100% tariffs on BRICS — a China- and Russia-led group of nations with emerging economies — if the countries decide to issue their own currency. Trump said his incoming administration will not allow the nine-nation group,
What Is BRICS And Why Is Trump Threatening Tariffs Against It?
President-elect Donald Trump has continued to threaten tariffs against foreign nations, specifically ‘BRICS’ nations, over attempts to undermine the dollar’s global dominance.
Kremlin Says Trump Threat to BRICS Nations Over US Dollar Will Backfire
The Kremlin said on Monday that any U.S. attempt to compel countries to use the dollar would backfire after U.S. President-elect Donald Trump threatened to impose tariffs on BRICS countries if they created their own currency.
Q&A: Trump Threatened Huge Tariffs on Brics Countries. Why?
The president-elect said he would impose 100% tariffs on countries that seek to replace the U.S. dollar as the main global currency for settling global trade transactions. Chelsey Dulaney explains what is behind Donald Trump’s threat.
Donald Trump wants to tariff BRICS nations: What to know.
The BRICS alliance is a bloc of nine countries that in recent years looked to reduce dependence on the U.S. dollar.
What are the ‘Brics’ countries — and are they really trying to leave the dollar like Trump says?
In his latest trade-related tirade, President-elect Donald Trump has set his sights on a group of emerging-market countries collectively known as the “Brics.”
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.
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Major update on ‘new’ currency for South Africa, China and India
US President-elect Donald Trump previously issued a warning to BRICS countries trying to establish a new shared currency.