Trump repeats 100% tariffs threat to Brics nations if they attempt to replace dollar
1 month, 3 weeks ago

Trump repeats 100% tariffs threat to Brics nations if they attempt to replace dollar

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. The US president wrote on the social media platform: “The idea that the Brics countries are trying to move away from the dollar, while we stand by and watch, is over.” Brics alliance consists of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and the United Arab Emirates. He wrote: “We are going to require a commitment from these seemingly hostile countries that they will neither create a new Brics currency, nor back any other currency to replace the mighty US dollar or, they will face 100 per cent tariffs, and should expect to say goodbye to selling into the wonderful US economy.” He continued: “They can go find another sucker Nation. There is no chance that Brics will replace the US dollar in international trade, or anywhere else, and any country that tries should say hello to tariffs, and goodbye to America!” While the US dollar remains the dominant currency in global trade and has withstood previous challenges to its supremacy, members of the alliance and other developing nations argue they are increasingly frustrated with America’s control over the global financial system. At a summit of Brics nations in October, Russian president Vladimir Putin accused the US of “weaponising” the dollar and described it as a “big mistake”.

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History of this topic

Trump Threatens To Escalate Global Trade War After EU Announces ‘Counter Measures’ Over Tariffs
Trending News
1 week, 6 days ago

Trump Threatens To Escalate Global Trade War After EU Announces ‘Counter Measures’ Over Tariffs

ABP News  

US President Donald Trump threatened to escalate the global trade war with further tariffs on European Union goods if the EU plans to follow through with its planned counter-tariffs up to €26 billion on certain US products next month. Trump said he would impose additional penalties if the EU follows through with its plan to enact counter-tariffs on some US …

Trump’s tariffs may end up blowing up the US dollar hegemony
1 week, 6 days ago

Trump’s tariffs may end up blowing up the US dollar hegemony

Al Jazeera  

Some of the US president’s most daring policies to ‘Make America Great Again’ may inflict irreparable harm to the US economy. But in this instance, Trump’s boldness is unlikely to bring him closer to his long-term goals due to the inadvertent impact these tariffs will eventually have on the US dollar. Manufacturing costs in the US are far higher than …

Trump trade turns sour: The US president is taking disrupting to the extreme, says ALEX BRUMMER
2 weeks ago

Trump trade turns sour: The US president is taking disrupting to the extreme, says ALEX BRUMMER

Daily Mail  

Unpredictability is too mild a word to describe Donald Trump’s actions since he arrived in the Oval Office just under two months ago. In the latest shocker, the US president has doubled down on his trade war with northern neighbour and G7 partner Canada with a punishing 50 per cent tariff on steel and aluminium. Risky business: US president Donald …

This Week in Explainers: From Ukraine war to tariffs, how uncertainty grips the world
2 weeks, 3 days ago

This Week in Explainers: From Ukraine war to tariffs, how uncertainty grips the world

Firstpost  

It’s been another week of geopolitical upheaval. The US has paused military aid and intelligence support to Ukraine after the Oval Office showdown. Our weekly wrap gives you perspective into all that’s going on in this fast-changing world People protest outside of a Tesla store during in New York City. After the disastrous Oval Office spat that saw Potus and …

This Week in Explainers: From Ukraine war to tariffs, how uncertainty grips the world
2 weeks, 3 days ago

This Week in Explainers: From Ukraine war to tariffs, how uncertainty grips the world

Firstpost  

It’s been another week of geopolitical upheaval. The US has paused military aid and intelligence support to Ukraine after the Oval Office showdown. Our weekly wrap gives you perspective into all that’s going on in this fast-changing world People protest outside of a Tesla store during in New York City. After the disastrous Oval Office spat that saw Potus and …

Dollar Faces Biggest Threat in Decades From ‘Scary’ Moves, Summers Says
2 weeks, 6 days ago

Dollar Faces Biggest Threat in Decades From ‘Scary’ Moves, Summers Says

Live Mint  

-- Former Treasury Secretary Lawrence Summers said that volatile policy actions and rhetoric from President Donald Trump are posing the biggest risk to the dollar’s dominance in the world economy in half a century. “The broad approach we are taking to the rest of the world represents the biggest threat to the US dollar’s role as the central currency in …

Justin Trudeau says Trump's tariff war aims to collapse Canada for ‘easier annexation’
3 weeks ago

Justin Trudeau says Trump's tariff war aims to collapse Canada for ‘easier annexation’

Hindustan Times  

Prime Minister Justin Trudeau on Tuesday alleged that the aim of US President Donald Trump's tariff war is to destroy Canada's economy so he can annex the country. Canada's Prime Minister Justin Trudeau speaks during a news conference about the US tariffs against Canada on March 4, 2025 on Parliament Hill in Ottawa, as Foreign Minister Melanie Joly, Minister of …

Trudeau slams Trump's tariffs, says US is appeasing Putin while launching a trade war against Canada
Top News
3 weeks ago

Trudeau slams Trump's tariffs, says US is appeasing Putin while launching a trade war against Canada

Hindustan Times  

TORONTO — Canadian Prime Minister Justin Trudeau called American tariffs “very dumb” and said that U.S. President Donald Trump is appeasing Russia while launching a trade war against Canada. Trudeau slams Trump's tariffs, says US is appeasing Putin while launching a trade war against Canada In a blunt news conference during his final days in office, Trudeau said that Canada …

Trump news today: Markets tumble over Trump tariffs on Mexico and Canada as White House pulls Ukraine military aid
Trending News
3 weeks, 1 day ago

Trump news today: Markets tumble over Trump tariffs on Mexico and Canada as White House pulls Ukraine military aid

The Independent  

✕ Close Democratic Senator calls Trump's White House 'an arm of the Kremlin' after Zelensky spat Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from …

Trump says Canada and Mexico cannot avert tariffs, hikes China levy
3 weeks, 1 day ago

Trump says Canada and Mexico cannot avert tariffs, hikes China levy

Deccan Chronicle  

US President Donald Trump shut down hopes Monday of an eleventh-hour deal with Canada and Mexico to avert sweeping tariffs, while signing an order to further hike duties on China.Trump had unveiled -- and then paused -- blanket tariffs on imports from major trading partners Canada and Mexico in February, accusing them of failing to stop illegal immigration and drug …

Trump threatens further tariff hikes after Canada retaliates
3 weeks, 1 day ago

Trump threatens further tariff hikes after Canada retaliates

Al Jazeera  

US President Donald Trump has warned Canada that he will escalate his trade war after Prime Minister Justin Trudeau announced retaliatory tariffs on US goods. The US president responded on Truth Social, the social media platform he owns, saying: “Please explain to Governor Trudeau, of Canada, that when he puts on a Retaliatory Tariff on the US, our Reciprocal Tariff …

BRICS vows ’won’t stop’ de-Dollarization efforts despite Donald Trump’s 100 % tariff warning
3 weeks, 5 days ago

BRICS vows ’won’t stop’ de-Dollarization efforts despite Donald Trump’s 100 % tariff warning

Live Mint  

Brazil's President Lula da Silva has said that BRICS is committed to ending US Dollar dominance “no matter what”. The Brazil President was heard saying, "US President Donald Trump's threats of tariffs won't stop the group's determination to seek alternative platforms for payments between member countries." In January, US President Donald Trump had issued a stern warning to BRICS nations, …

Trump keeps the world guessing about his tariff plan because he’s ‘a little bit superstitious’
Trending News
3 weeks, 5 days ago

Trump keeps the world guessing about his tariff plan because he’s ‘a little bit superstitious’

Firstpost  

While US President Donald Trump has delayed tariffs on Canada and Mexico by a month, he has threatened the European Union with up to 25% tariffs US President Donald Trump has said plunged the world in confusion regarding impending tariffs. Shortly after assuming office, Trump signed executive orders to impose 25 per cent tariffs on Mexico and Canada for their …

Trump claims BRICS 'broke up' after tariff threat: Haven't heard from them lately
1 month ago

Trump claims BRICS 'broke up' after tariff threat: Haven't heard from them lately

India Today  

US President Donald Trump claimed on Friday that the BRICS, which includes India, "broke up" after he threatened 150% tariffs for undermining the dollar. On February 13, US President Donald Trump threatened the BRICS nations that they could face 100 per cent tariffs from the United States "if they want to play games with the dollar." The US President had …

Dollar drifts near multi-week low as tariff fears ease
1 month, 1 week ago

Dollar drifts near multi-week low as tariff fears ease

Live Mint  

By Brigid Riley and Amanda Cooper TOKYO/LONDON -The U.S. dollar stabilised around a near three-week trough on Friday as traders took solace that Washington's reciprocal tariffs were not immediately imposed, while a U.S. producer price report soothed inflation concerns. U.S. President Donald Trump directed his economic team on Thursday to formulate plans for reciprocal tariffs on every country that imposes …

BRICS is dead: Trump's 100% tariffs threat on bloc's nations if dollar replaced
1 month, 1 week ago

BRICS is dead: Trump's 100% tariffs threat on bloc's nations if dollar replaced

India Today  

US President Donald Trump on Thursday said that BRICS nations could face 100 per cent tariffs from the United States "if they want to play games with the dollar." When asked about BRICS nations setting up their own currency, the US President said, “If any trading gets through, it'll be 100% tariff, at least". The US President had made similar …

Trump says he 'trusts' Putin and would 'love' to have Russia back in the G7 club
1 month, 1 week ago

Trump says he 'trusts' Putin and would 'love' to have Russia back in the G7 club

Daily Mail  

President Donald Trump said he 'trusts' Russian President Vladimir Putin, a day after the two men spoke for 90 minutes while his administration was accused of giving away concessions in advance of talks to try to end the war in Ukraine. President Donald Trump speaks to reporters before signing an executive order as White House national economic council director Kevin …

Trump announces ‘reciprocal tariffs’ targeting allies and adversaries
1 month, 1 week ago

Trump announces ‘reciprocal tariffs’ targeting allies and adversaries

The Hindu  

US President Donald Trump announced plans Thursday for sweeping "reciprocal tariffs" hitting both allies and competitors, in a dramatic escalation of an international trade war that economists warn could fuel inflation at home. Speaking in the Oval Office, Trump said he had decided to impose the reciprocal duties, telling reporters that US allies were often "worse than our enemies" on …

Trump announces ‘reciprocal’ tariffs, calls US allies ‘worse than enemies’ on trade
Top News
1 month, 1 week ago

Trump announces ‘reciprocal’ tariffs, calls US allies ‘worse than enemies’ on trade

Firstpost  

Trump signs a plan to hike tariffs on trading partners, possibly setting up a global economic standoff. President Donald Trump on Thursday continued his overhaul of US trade policy, announcing plans to impose reciprocal tariffs on foreign goods at the same rates other nations apply to American products, with implementation expected in the coming weeks or months. Addressing the media …

Trump announces ‘reciprocal’ tariffs, calls US allies ‘worse than enemies’ on trade
1 month, 1 week ago

Trump announces ‘reciprocal’ tariffs, calls US allies ‘worse than enemies’ on trade

Firstpost  

Trump signs a plan to hike tariffs on trading partners, possibly setting up a global economic standoff. US President Donald Trump- File Image- AP President Donald Trump on Thursday continued his overhaul of US trade policy, announcing plans to impose reciprocal tariffs on foreign goods at the same rates other nations apply to American products, with implementation expected in the …

Tariff threat bruises euro, Australian and Canadian dollars
1 month, 2 weeks ago

Tariff threat bruises euro, Australian and Canadian dollars

The Hindu  

Fresh threats of tariffs from U.S. President Donald Trump put pressure on the euro and the Australian and Canadian dollars in early Monday trading, though moves were less dramatic than last week's tariff-driven swings. Mr. Trump said he would announce new 25% tariffs on all steel and aluminium imports into the U.S. later on Monday, as well as reciprocal tariffs …

Trump to announce more tariffs next week to ensure ‘reciprocal, even trade with other countries’
1 month, 2 weeks ago

Trump to announce more tariffs next week to ensure ‘reciprocal, even trade with other countries’

Firstpost  

The announcement marks yet another escalation of the Republican leader’s offensive to rejig global trade relationships to favour the US. Trump announced a 25 per cent tariff on Canada and Mexico on recently but postponed it President Donald Trump on Friday said he plans on announcing reciprocal tariffs on several countries by Monday or Tuesday of next week. “I’ll be …

Trump to announce more tariffs next week to ensure ‘reciprocal, even trade with other countries’
1 month, 2 weeks ago

Trump to announce more tariffs next week to ensure ‘reciprocal, even trade with other countries’

Firstpost  

The announcement marks yet another escalation of the Republican leader’s offensive to rejig global trade relationships to favour the US. “I’ll be announcing that, next week, reciprocal trade, so that we’re treated evenly with other countries,” Trump said during a meeting with visiting Japanese Prime Minister Shigeru Ishiba. “We don’t want any more, any less.” The announcement marks yet another …

Decoding the economics of Trump’s tariffs | In Focus podcast
1 month, 2 weeks ago

Decoding the economics of Trump’s tariffs | In Focus podcast

The Hindu  

US President Donald Trump has often said that ‘tariff’ is his favourite word. Within weeks of taking office, he imposed 25% tariffs on all imports from America’s two biggest trading partners, Mexico and Canada, and 10% tariffs on goods from China. Subsequently, he paused the tariffs for 30 days, after Mexico and Canada promised to take certain measures to curb …

ALEX BRUMMER: We are witnessing Trump's Art Of The Deal on the world stage - a real-time masterclass in brinkmanship. Buckle up!
1 month, 3 weeks ago

ALEX BRUMMER: We are witnessing Trump's Art Of The Deal on the world stage - a real-time masterclass in brinkmanship. Buckle up!

Daily Mail  

In Donald Trump’s 1987 bestselling business advice manual, The Art Of The Deal, the then New York property developer outlined 11 of his favourite negotiation tactics. Trump immediately threatened to impose 25 per cent tariffs on Colombian goods, adding this would rise to 50 per cent in a week if Bogota didn’t back down. Crowds gathering as Wall Street crashed …

Donald Trump pulls back from brink with Mexico and Canada as China braces for trade war
1 month, 3 weeks ago

Donald Trump pulls back from brink with Mexico and Canada as China braces for trade war

ABC  

US President Donald Trump has agreed to pause sweeping tariffs on Mexico and Canada for one month while the nations thrash out agreements on trade and security. "These soldiers will be specifically designated to stop the flow of fentanyl and illegal migrants into our country," Mr Trump said on Truth Social. Doubts new US tariffs on China, Mexico and Canada …

DC Edit | Trump wields tariffs like a geopolitical weapon
Trending News
1 month, 3 weeks ago

DC Edit | Trump wields tariffs like a geopolitical weapon

Deccan Chronicle  

The tariff regime that Donald Trump invoked using his emergency economic powers has the potential to start a trade war which will have consequences for global trade that may be worse than the one that the Covid pandemic wrought five years ago. The US economy itself could suffer a downturn if these tariff bullets being fired from the presidential weapon …

DC Edit | Trump wields tariffs like a geopolitical weapon
Trending News
1 month, 3 weeks ago

DC Edit | Trump wields tariffs like a geopolitical weapon

Deccan Chronicle  

The tariff regime that Donald Trump invoked using his emergency economic powers has the potential to start a trade war which will have consequences for global trade that may be worse than the one that the Covid pandemic wrought five years ago. The US economy itself could suffer a downturn if these tariff bullets being fired from the presidential weapon …

Trump hints Britain may dodge tariffs as US-EU trade war looms: UK politics live
1 month, 3 weeks ago

Trump hints Britain may dodge tariffs as US-EU trade war looms: UK politics live

The Independent  

✕ Close Trump warns EU tariffs will happen and UK is 'out of line' Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like …

Trump's erratic tariffs are taking markets on a bumpy ride
1 month, 3 weeks ago

Trump's erratic tariffs are taking markets on a bumpy ride

Salon  

President Donald Trump's steep tariffs, set to begin Tuesday on America's biggest trading partners, roiled markets around the world until it was announced some would be delayed. The dollar strengthened, oil prices rose and major stock indexes in the U.S. fell at the start of trading on Monday before the tariffs were delayed, The New York Times reported. Leaders in …

Home Secretary warns Trump's 25% tariffs on Canada and Mexico could have 'a really damaging impact' on the global economy - as US president admits Americans may feel 'pain' during his trade war
Trending News
1 month, 3 weeks ago

Home Secretary warns Trump's 25% tariffs on Canada and Mexico could have 'a really damaging impact' on the global economy - as US president admits Americans may feel 'pain' during his trade war

Daily Mail  

Donald Trump last night admitted Americans may feel ‘pain’ due to his global trade war, after Canada, Mexico and China retaliated. But Home Secretary Yvette Cooper warned the tariffs could have a ‘really damaging impact’ on the global economy, as Prime Minister Sir Keir Starmer revealed he wanted the UK to have a ‘strong trading relationship’ with the US. President …

Donald Trump set to impose tariffs on China, Mexico and Canada - which could disrupt nearly £1.7trillion in annual trade
Top News
1 month, 3 weeks ago

Donald Trump set to impose tariffs on China, Mexico and Canada - which could disrupt nearly £1.7trillion in annual trade

Daily Mail  

Donald Trump was last night set to impose stringent tariffs on China, Mexico and Canada in what many fear will spark a global trade war. On Friday Mr Trump told reporters he would impose the tariffs as ‘punishment’ on three of the US’s largest trade partners for allowing drugs and migrants to flood into the US. Donald Trump said he …

Trump’s threat ‘seems empty’, no serious proposal to come up with alternative BRICS currency: Congress MP Shashi Tharoor
Trending News
1 month, 3 weeks ago

Trump’s threat ‘seems empty’, no serious proposal to come up with alternative BRICS currency: Congress MP Shashi Tharoor

The Hindu  

Congress MP Shashi Tharoor said that U.S. President Donald Trump’s threats to impose tariffs on BRICS nations “seem empty” as there is no plan to introduce an alternative currency to the U.S. dollar. On Mr. Trump threatening to impose tariffs on BRICS nations if they try to replace the U.S. Dollar with any other currency, Shashi Tharoor said, “I heard …

‘Ready for forceful but reasonable response against Donald Trump’s tariff’, says Canada PM Justin Trudeau
1 month, 3 weeks ago

‘Ready for forceful but reasonable response against Donald Trump’s tariff’, says Canada PM Justin Trudeau

Live Mint  

Prime Minister Justin Trudeau said that Canada's response will be “forceful but reasonable” if US decide to impose 25 per cent tariffs as threatened by President Donald Trump, The Globe and Mail reported. President Donald Trump has threatened to impose tariffs on its neighbour Canada and Mexico as early as Saturday. "If the president does choose to implement any tariffs …

Trump threatens another 10 nations with tariffs
1 month, 3 weeks ago

Trump threatens another 10 nations with tariffs

Daily Mail  

President Donald Trump threatened another 10 nations with tariffs as he prepares to hit Canada and Mexico with increases. India, another BRICS member and one that has been forced to use a variety of currencies to buy Russian oil due to Western sanctions on Moscow, also played down Trump's threat. A study by the Atlantic Council's GeoEconomics Center last year …

Congress MP Shashi Tharoor dismisses US President Donald Trump's tariff threats against BRICS nations
1 month, 3 weeks ago

Congress MP Shashi Tharoor dismisses US President Donald Trump's tariff threats against BRICS nations

ABP News  

Congress MP Shashi Tharoor dismissed the tariff threats given by US President Donald Trump against BRICS nations, calling it "a bit empty," pointing out that there are no concrete plans to replace the US dollar. Tharoor emphasised that the dollar remains a "practical convenience" for most countries and noted that BRICS has yet to present a significant proposal for an …

'Find another sucker nation': Trump threatens Brics with tariffs again. What's at stake for India?
1 month, 3 weeks ago

'Find another sucker nation': Trump threatens Brics with tariffs again. What's at stake for India?

Firstpost  

In recent years, Brics has become one of the most economically powerful groups. Two of its member states are among the top five largest economies in the world A week after assuming the presidency, US President Donald Trump reiterated his tariff threat to Brics nations, which comprises Brazil, Russia, India, China and South Africa along with other newly appointed countries. …

Shashi Tharoor responds to Donald Trump’s 100% tariff warning for India: ‘His threat seems a bit empty because…’
1 month, 3 weeks ago

Shashi Tharoor responds to Donald Trump’s 100% tariff warning for India: ‘His threat seems a bit empty because…’

Live Mint  

US President Donald Trump on Friday threatened to impose 100 per cent tariffs against BRICS nations if the group tried to move away from the dollar in international trade. And therefore, the threat of the president seems a bit empty because it's only if there is an actual proposal that comes up and that countries like India are taking forward …

Trump repeats tariffs threat to dissuade BRICS nations from replacing U.S. dollar
1 month, 3 weeks ago

Trump repeats tariffs threat to dissuade BRICS nations from replacing U.S. dollar

The Hindu  

President Donald Trump on Thursday warned off BRICS member countries from replacing the U.S. dollar as a reserve currency by repeating a 100%-tariffs threat he had made weeks after winning the November presidential elections. “We are going to require a commitment from these seemingly hostile Countries that they will neither create a new BRICS Currency, nor back any other Currency …

‘Say goodbye to America, find another s****r’: Trump threatens 100% tariffs on India, BRICS for ditching US dollar
1 month, 3 weeks ago

‘Say goodbye to America, find another s****r’: Trump threatens 100% tariffs on India, BRICS for ditching US dollar

Live Mint  

US President Donald Trump on Thursday cautioned BRICS nations against replacing the US dollar as the reserve currency, reiterating a threat of 100% tariffs he had made shortly after winning the November presidential elections. "We are going to require a commitment from these seemingly hostile Countries that they will neither create a new BRICS Currency, nor back any other Currency …

Trump issues new warning to ‘seemingly hostile countries’
Trending News
1 month, 3 weeks ago

Trump issues new warning to ‘seemingly hostile countries’

Raw Story  

President Donald Trump issued a scathing new warning to countries comprising the BRICS economic bloc to back off any ideas of replacing the U.S. dollar – or else. “The idea that the BRICS Countries are trying to move away from the Dollar, while we stand by and watch, is OVER,” Trump wrote Thursday referring to the global coalition that includes …

Trump threatens 'hostile' BRICS against replacing US dollar: Find another sucker
Top News
1 month, 3 weeks ago

Trump threatens 'hostile' BRICS against replacing US dollar: Find another sucker

India Today  

US President Donald Trump fired another warning shot at the BRICS bloc, of which India is a part, threatening to impose 100 per cent tariffs if they attempt to replace the US dollar with an alternative currency. "We are going to require a commitment from these seemingly hostile countries that they will neither create a new BRICS currency, nor back …

How Donald Trump weaponized tariffs
1 month, 3 weeks ago

How Donald Trump weaponized tariffs

Raw Story  

by Léon BRUNEAU When President Donald Trump learned Colombia had pushed back on US deportations, his threat of a massive trade war laid out the stakes: cooperate, or else. Trump had first threatened to levy 25 percent tariffs on all imported Colombian goods in a heated response to Petro refusing to accept two military planes carrying deported migrants. Planes sent …

Trump threatens Russia, others with tariffs if deal to end Ukraine war not reached
2 months ago

Trump threatens Russia, others with tariffs if deal to end Ukraine war not reached

The Hindu  

U.S. President Donald Trump said on Wednesday he would add new tariffs to his sanctions threat against Russia if the country does not make a deal to end its war in Ukraine, and added that these also could be applied to "other participating countries." In a post on Truth Social, President Trump modified comments he made on Tuesday that he …

US President Donald Trump warns fresh sanctions on Russia after hinting at 100% tariffs on BRICS, 10% on China
2 months ago

US President Donald Trump warns fresh sanctions on Russia after hinting at 100% tariffs on BRICS, 10% on China

Live Mint  

A day after taking over as the President of the United States, Donald Trump has made his intentions clear to bring sweeping changes to global trade with tariff hikes. US President Donald Trump has also issued tariff threats to Mexico, Canada, India and BRICS nations like Brazil, South Africa, and European Union. Donald Trump warns of 10% tariff threat on …

Trump threatens 100% tariffs against BRICS countries if they try replacing U.S. dollar
Trending News
2 months ago

Trump threatens 100% tariffs against BRICS countries if they try replacing U.S. dollar

The Hindu  

President Donald Trump has again warned that he will impose 100% tariffs against countries of the BRICS bloc, of which India is a part, if they take any steps to replace the U.S. dollar. Trump, who took oath as the 47th President of the US on Monday, said, "If the BRICS nations want to do that, that's okay, but we're …

Trump mistakes Spain for a member of the BRICS bloc and repeats the threat of massive tariffs
2 months ago

Trump mistakes Spain for a member of the BRICS bloc and repeats the threat of massive tariffs

Associated Press  

▶ Follow live updates on President Donald Trump’s return to Washington BARCELONA, Spain — 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. Trump erroneously said Spain was in BRICS when a journalist asked him about NATO countries like Spain which …

US to impose 100% tariffs on India? Donald Trump warns BRICS nations
2 months ago

US to impose 100% tariffs on India? Donald Trump warns BRICS nations

Hindustan Times  

US President Donald Trump on Monday said there could be 100 per cent tariff BRICS nations, including India. US President Donald Trump has threatened tariffs on BRICS nations earlier as well. Speaking to reporters while signing executive orders at the Oval Office, Trump said, "As a BRICS nation.they'll have a 100 per cent tariff if they so much as even …

Donald Trump warns of 100% tariffs on BRICS & India: Here’s what US President said after inauguration
2 months ago

Donald Trump warns of 100% tariffs on BRICS & India: Here’s what US President said after inauguration

Live Mint  

US President Donald Trump on January 20 reiterated to impose 100 per cent import tariffs on the BRICS countries if they took any steps towards cutting the use of the dollar in global trade. “If the BRICS nations want to do that, that's OK, but we're going to put at least a 100 per cent tariff on the business they …

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