Gold Slips as Trump’s BRICS Currency Warning Boosts US Dollar
Gold eased, pressured by a rising US dollar after President-elect Donald Trump warned the so-called BRICS nations that he would require commitments that they would not move to create a new currency.
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.
Donald Trump warns BRICS countries of "100% tariff" over new currency plans
Donald Trump warned of 100% tariffs on BRICS nations — composed of Brazil, Russia, India, China and South Africa — should they develop a new currency to compete with the U.S. dollar. “The idea that the BRICS countries are trying to move away from the dollar while we stand by and watch is over,
Trump promises 100% tariffs on BRICS nations if they create rival currency
President-elect Donald Trump on Saturday warned the BRICS nations they will face a 100% tariff in U.S. domestic markets if they proceed with plans to create a new currency to compete with the dollar.
Trump warns BRICS countries from trying to replace Dollar as world reserve currency: '100% tariffs'
"They can go find another "sucker!" There is no chance that the BRICS will replace the U.S. Dollar in International Trade, and any Country that tries should wave goodbye to America," Trump wrote.
After Trump’s Tariff Threat, Is a China Currency War Next?
While China could offset American tariffs by letting its currency fall, that might endanger Beijing’s recent efforts to stabilize the economy.
Trump threatens 100% tariff on BRICS if develops counter currency to dollar
WASHINGTON: US President-elect Donald Trump threatened 100% tariffs against BRICS countries if they develop a common currency to undermine the US dollar.
Trump’s threat of 100% tariffs if BRICS nations adopt common currency unrealistic: GTRI
Global shift away from US dollar driven by economic diversification not easily deterred by threats, says research body
What are the BRIC nations? Why did Donald Trump threaten them with tariffs? What to know
Donald Trump continues to threaten tariffs against foreign nations, this time toward a bloc of nine countries if they try to undermine the dollar's global dominance.
Trump threatens 100% tariff on the BRIC bloc of nations if they act to undermine US dollar
President-elect Donald Trump is threatening 100% tariffs against a bloc of nine nations if they act to undermine the U.S. dollar
Trump threatens 100% tariff on Brics nations if they try to replace dollar
US President-elect Donald Trump has threatened to impose 100% tariffs on a bloc of nine nations if they were to create a rival currency to the US dollar. "The idea that the BRICS Countries are trying to move away from the Dollar while we stand by and watch is OVER,
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Clouds of a Currency War Scudding Over China
Competing tariffs could lead to monetary mischief of the first water.
Currency drop worsens Moscow’s stagflation fears
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Those familiar with the foreign exchange market will no doubt have come across the term “currency pairs ...