Trump’s Threat Over an Imaginary Currency Risks Backfiring on the U.S. Dollar
After his 100% tariffs warning to Brics nations, some economists say the president-elect risks accelerating the pursuit of alternatives to the greenback.
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
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 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.
Opinion
Why Trump's tariff threat over Brics currency may be false alarm
While there is a strong case for tariff reduction, India must be prepared to engage with the US establishment more actively to present its position
Kremlin says Trump threat to BRICS nations over US dollar will backfire
The Kremlin said on Monday that any U.S. attempt to compel countries to use the dollar would backfire after U.S. President-elect Donald Trump threatened to impose tariffs on BRICS countries if they created their own currency.
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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