(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.
President Donald J. Trump is putting BRICS nations on notice over its desired separation from the U.S. dollar. Brazil, Russia, India, China, and South Africa (BRICS) allied […]
US President Donald Trump has warned the BRICS member countries against replacing the US dollar as a reserve currency by repeating a 100 percent-tariffs threat he had made weeks after winning the November presidential elections.
Russia warned that U.S. efforts to enforce dollar use could backfire. The BRICS nations, while discussing a common currency, are unlikely to replace the dollar, as Trump threatens 100% tariffs on countries attempting to do so amid U.
Spokesperson for the Presidential Communication Office (PCO), Philips Vermonte, said on Friday that Indonesia's membership of BRICS does not mean the country is distancing itself from its Western allies.
US President Donald Trump said he will impose 100 percent tariffs on Brics countries if they create a new currency, reported Sputnik/RIA Novosti. “The idea that the Brics countries are trying to move away from the dollar, while we stand by and watch, is over.
Kremlin spokesperson Dmitry Peskov clarified that BRICS, of which Russia is a member, was not considering the creation of a shared currency but was instead focused on developing joint investment platforms.
The Kremlin on Friday brushed off a repeat threat by U.S. President Donald Trump to impose tariffs on the BRICS grouping of countries if it created its own currency, saying there was no such plan. Trump on Thursday warned off BRICS member countries from replacing the U.
President Donald Trump made his declaration that the tragic midair crash over Reagan National Airport that killed 67 people late Wednesday was the fault of President Joe Biden’s diversity, equity, and inclusion policies before he was even briefed by the chief agency responsible for investigating the tragedy.
Bitcoin’s rally reversed Friday as President Donald Trump threatened to impose 100% tariffs on BRICS countries. Plus, a class action lawsuit hovers over memecoin factory Pump.fun and SBF seeks a presidential pardon.
President Donald Trump says his 25% tariffs on Canada and Mexico are coming on Saturday. WASHINGTON— President Donald Trump said his 25% tariffs on Canada and Mexico are coming on Saturday, but he’s still considering whether to include oil from those countries as part of his import taxes.