US President Donald Trump on Friday issued a warning to BRICS nations, threatening 100 per cent tariffs on their exports if they attempt to replace the US dollar as the dominant currency in international trade.
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Donald Trump on Tuesday denounced India, China, and Brazil as "tremendous tariff-maker(s)" and said his government would not allow the three to do this, declaring, "... we're not going to let that
US President Donald Trump has warned Brics nations against creating an alternative currency to replace the US dollar, threatening 100 per cent tariffs on those attempting de-dollarisation
Upon returning to office, U.S. President Donald Trump has launched numerous tariff threats. They range from broad ones - a universal tariff on foreign-imported goods - to ones aimed at specific sectors,
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.
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President Donald Trump plans to impose 25 percent tariffs on Canada and Mexico unless they address illegal migrants and fentanyl. He also targets China with additional tariffs over fentanyl. Economists warn of significant economic impacts,
The US President says if BRICS nations attempt to replace the US dollar in international trade, they can go and find "another sucker nation"
Donald Trump said if the BRICS countries back any other currency then they will face 100 per cent tariffs from the United States.