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Trump's BRICS tariff threat explained
Analysts Say Donald Trump’s 100% Tariff Threat Against India “More Symbolic Than Practical”
President-elect Donald Trump has issued a stark warning to the BRICS nations – Brazil, Russia, India, China, and South Africa, that any effort to sideline the US Dollar in global trade will come at a steep cost.
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.
Trump threatens 100% tariffs on China and Russia if BRICS group of nations issues new currency
US President-elect Donald Trump threatened to levy 100% tariffs on BRICS — a China- and Russia-led group of nations with emerging economies — if the countries decide to issue their own
Hosted on MSN
4h
India’s rupee plunges to all-time low after Trump warned BRICS against dollar dethroning
India’s rupee has fallen to its lowest point ever, trading at 84.6850 per dollar after a government report revealed the ...
National Herald
4h
Donald Trump bullies BRICS, which is unlikely to call his bluff
In a post, the US President-elect warned BRICS nations to refrain from challenging the dominance of the US dollar ...
3h
India has contributed $2 billion to BRICS Bank: Finance Ministry
As of now, 20 externally aided projects with loan amounts of $4.867 million funded by the NDB are ongoing in India,” Union ...
44m
on MSN
Dollar Strengthens as Trump Targets BRICS
The WSJ Dollar Index rose as markets reacted to President-elect Trump’s threat to slap 100% tariffs on Brazil, Russia, India, China and South Africa unless they drop plans to create a common currency ...
6h
Why is Donald Trump threatening Brics members against de-dollarisation?
Donald Trump has demanded that Brics members promise not to create a new currency or support another currency to replace the ...
39m
Putin to visit India in 2025 following PM Modi's formal invitation; dates yet to be finalised
Russian Prez Vladimir Putin has received an invitation to visit India from Prime Minister Narendra Modi. The schedule of ...
India Today
2h
Trump's hollow threat: How BRICS sidelined 'wonderful economies' over time
The nine BRICS economies together constituted 35.8 per cent of the global GDP based on purchasing power parity in 2023.
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