Kremlin Says Trump Threat to BRICS Nations Over US Dollar Will Backfire
MOSCOW (Reuters) -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 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.
Donald Trump threatened a 100% tariff on nine nations that make up BRICS, including Brazil, China, and India. It'd affect many goods the US imports.
Monday’s gains marked the latest leg of a powerful rally for the US dollar, which was boosted by Trump’s win in last month’s ...
President-elect Donald Trump says he wants to protect the U.S. dollar from the rise of an alternative currency that does not ...
The weakness of the Dollar seems to continue. The Dollar index shows fresh downside momentum based on the daily chart and ...
Trump has said he will impose a 25% tariff on all imports from Mexico and Canada, as well as a 10% tariff on Chinese products ...
Small businesses are bracing for stiff tariffs that President-elect Donald Trump has proposed as one of his first actions ...
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How Trump’s tariffs could impact consumersOne of President-elect Donald Trump's major campaign promises is instituting sweeping tariffs on the U.S.'s largest trading ...
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Analysis details 'devastating' effects Trump’s tariffs would have on businesses and consumersDuring her 2024 presidential campaign, Vice President Kamala Harris repeatedly warned that the tariffs Donald Trump was ...
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