US President-elect Donald Trump has threatened a 100% tariff on the BRICS countries, including India, if they undercut the US dollar or replace it with another currency for international transactions.
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 ...
President-elect Donald Trump has pledged a 100 percent tariff against BRICS nations if they continue to undermine the US ...
US President-elect Donald Trump's 100% tariff threat to a bloc of nine nations, called BRICS, while cautioning them against replacing the mighty US dollar with a new currency, shows that ...
In 2023, he even suggested a BRICS currency. The expanded meeting of the BRICS Summit in Kazan last month (Stanislav Krasilnikov, brics-russia2024.ru) BRICS is well suited for such a new banking ...
Indian businesses remain cautious about BRICS’ shared currency plans, citing risks to global trade ties, reliance on the US dollar, and concerns over China’s influence within the bloc.
According to Russian officials and official paper of the Chinese Communist ... options to topple the dollar was to create a unified BRICS currency — a proposal spearheaded by Brazil, which ...
This announcement follows Trump’s threat last month to impose 100 per cent tariffs on Brazil, Russia, India, China, and South ...