Trump's threat to members of BRICS, which includes India
United States President Donald Trump has once again held out the threat of tariffs to BRICS (Brazil, Russia, India, China, South Africa) nations if they try to replace the US Dollar with any other currency.
President Donald Trump said on Thursday that there is no chance for BRICS countries to replace the US dollar.
In a post shared on social media platform Truth Social, Trump declared that the United States would not stand idly by while the BRICS bloc pursues the development of an alternative currency.
Trump had previously threatened 100 percent tariffs on BRICS nations -- a bloc including Brazil, Russia, India, China and South Africa -- if they create a rival to the US dollar, which he doubled down on Thursday night.
President Donald Trump on Thursday warned off BRICS member countries from replacing the US dollar as a reserve currency by repeating a 100%-tariffs th
While BRICS hasn’t yet done enough to turn the table, its stated action plans, particularly adopting a common currency within its fold and ultimately ditching the dollar, have announced themselves as potential game changers.
(Maxim Shemetov, Pool Photo via AP, File) ABUJA, Nigeria (AP) — Nigeria has been admitted as a “partner country” of the BRICS bloc of developing economies, according to Brazil, the group’s chair. BRICS was formed by Brazil, Russia, India and China ...
US President Donald Trump has reiterated his threat to place 100% tariffs on BRICS nations, as the deadline loomed for him to impose tariffs on Canada and Mexico.
The recent BRICS Summit, held in Kazan, Russia, from October 22 to 24, 2024, focused on promoting currency cooperation and exploring alternatives to the dollar. Through initiatives like enabling trade in local currencies,
The BRICS Senior Officials National Technical Committee meeting was held at the Ministry of Foreign Affairs on Thursday to deliberate on 2025 BRICS activities under Brazil’s BRICS Presidency. The gathering was chaired by Ambassador Minelik Alemu Getahun,
United States President Donald Trump has once again warned BRICS nations and threatened them with 100 per cent tariffs on their exports if they try to replace the US dollar as the main currency in global trade.