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.
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
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
BRICS currency: Is Trump's tariff threat justified?
Donald Trump has threatened 100% tariffs on imports from BRICS countries if they create a new currency to rival the US dollar. DW asks why the fastest-growing economies are challenging the world's reserve currency.
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 promises 100% tariffs on BRICS nations if they create rival currency
President-elect Donald Trump on Saturday warned the BRICS nations they will face a 100% tariff in U.S. domestic markets if they proceed with plans to create a new currency to compete with the dollar.
What Is BRICS And Why Is Trump Threatening Tariffs Against It?
President-elect Donald Trump has continued to threaten tariffs against foreign nations, specifically ‘BRICS’ nations, over attempts to undermine the dollar’s global dominance.
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.
Q&A: Trump Threatened Huge Tariffs on Brics Countries. Why?
The president-elect said he would impose 100% tariffs on countries that seek to replace the U.S. dollar as the main global currency for settling global trade transactions. Chelsey Dulaney explains what is behind Donald Trump’s threat.
Donald Trump wants to tariff BRICS nations: What to know.
The BRICS alliance is a bloc of nine countries that in recent years looked to reduce dependence on the U.S. dollar.
Trump ramped up his trade threats against a group of nations that are skeptical of the dollar. Here's what the US buys from the 9 countries at risk.
Trump threatened a 100% tariff on nine nations that make up BRICS, including Brazil, Russia, and India. It would impact many goods the US imports.
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