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.
Donald Trump's Big Warning For India, China, Russia | BRICS 2024 | US Dollar Vs BRICS Currency
The world could see a second wave of tariff war as Donald Trump takes office this January. The US President-elect 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.
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 promises staggering tariffs for BRICS countries if they abandon U.S. currency
President-elect Donald Trump on Saturday threatened to enact “100% tariffs” on BRICS countries that are trying to move away from using the U.S. dollar as their currency. “The idea that the BRICS Countries are trying to move away from the Dollar while we stand by and watch is OVER.
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
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