President Trump threatens a 100% tariff on BRICS nations if they create a rival to the US dollar.

US President Donald Trump threatens a 100% tariff on BRICS nations—Brazil, Russia, India, China, and South Africa—if they attempt to launch a rival currency to the US dollar. Trump claims this threat has halted any plans to challenge the dollar's dominance, despite BRICS countries aiming to reduce dependence on it. The tariff would be imposed if BRICS nations proceed with creating an alternative currency.

2 months ago
10 Articles