Trump Repeats Tariffs Threat to Dissuade BRICS Nations From Replacing US Dollar
(Reuters) - President Donald Trump on Thursday warned off BRICS member countries from replacing the U.S. dollar as a reserve currency by repeating a 100%-tariffs threat he had made weeks after winning the November presidential elections.
Trump Threatens 100% Tariffs on BRICS Countries Over US Dollar Replacement
US President Donald Trump has threatened to impose 100% tariffs on BRICS member states if they move to replace the US dollar as the world's reserve currency. The warning, issued on Thursday, echoes a statement he made shortly after his election victory in November 2024.
While BRICS hasn’t yet done enough to turn the table, its stated action plans, particularly adopting a common currency within ...
The Associated Press - Business News on MSN12d
Nigeria is admitted as a partner country of the BRICS bloc(Maxim Shemetov, Pool Photo via AP, File) ABUJA, Nigeria (AP) — Nigeria has been admitted as a “partner country” of the ...
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