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BRICS, Trump
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.
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.
Trump Wields Tariff Threat Against Russia and China-Backed BRICS Trade Alliance
Trump threatened the trade bloc with 100-percent tariffs should it attempt to create its own form of currency to undermine the U.S. dollar.
Supply Chain
3h
Trump Threatens BRICS Nations with 100% Tariffs
BRICS nations have talked about the idea of a new common currency to reduce their reliance on the American dollar for years.
7m
Tariffs are now Trump’s solution to everything
Tariffs, in fact, are becoming Trump’s silver-bullet solution to everything. Here’s a rundown of what he has threatened so ...
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