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Donald Trump Sends New Warning to China-Led Bloc Over US Dollar
Trump issued a stern warning to China over its BRICS bloc ambitions in a Truth Social post on Saturday afternoon.
Trump threatens 100% tariff on the BRIC bloc of nations if they act to undermine US dollar
His threat was directed at countries in the so-called BRIC alliance, which consists of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and the United Arab Emirates.
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.
Trump threatens a 100% tariff on BRICS countries if they abandon U.S. dollar
In a post on Truth Social Saturday, President-elect Donald Trump said he would impose a 100% tariff on the BRICS geopolitical coalition of non-Western countries if the group moves away from trading using the U.
After Trump’s Tariff Threat, Is a China Currency War Next?
While China could offset American tariffs by letting its currency fall, that might endanger Beijing’s recent efforts to stabilize the economy.
Trump threatens 100% tariff on Brics countries if they undercut US dollar
At a Brics summit in October, countries discussed boosting non-dollar transactions and strengthening local currencies. Read more at straitstimes.com.
Trump Threatens 100% Tariff on BRICS Members If They Act to Undermine US Dollar
BRICS members and other developing nations say they are fed up with America’s dominance of the global financial system.
Trump threatens BRIC nations with 100% tariff if they 'move away' from US dollar
The president-elect's threat comes just days after he threatened big tariffs on Mexico, Canada and China. Experts warn of higher prices.
6d
The U.S. Dollar: How Strong Will It Get
The U.S. dollar has strengthened, with the exchange rate at $1.04 per Euro as of November 22, 2024. Check out the factors ...
4d
How Trump’s tariff plans could rattle currency markets
The dollar is already surging to two-year highs against currencies of America's main trading rivals, offsetting the very ...
3d
Dollar falls amid economic data dump before long weekend
The dollar fell broadly on Wednesday in thin pre-holiday trade, digesting a slew of indicators that underscored U.S. economic ...
8d
Russian Ruble Hits Lowest Level Against Dollar Since March 2022
The Russian ruble slumped on Friday to its lowest level against the US dollar since March 2022, a day after Moscow fired a ...
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