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President-elect Donald Trump said he would require countries that are part of ... to not creating new currency or face 100% tariffs during his administration. ... Trump threatens 100% tariff on ...
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 currency.
Trump has floated steep tariffs on the BRICS group before. Last year, he threatened countries with a 100% tariff if they backed “any other currency to replace the mighty U.S. dollar.”
WASHINGTON − President-elect Donald Trump threatened the BRIC group of emerging-market nations on Saturday, warning that he would impose 100% tariffs if they make any moves to undermine the U.S ...
— President-elect Donald Trump warned a bloc of nine nations to forego efforts to adopt a new currency on Saturday by threatening to impose a 100 percent tariff on countries that try to ...
While campaigning for his second term as U.S. president, Trump vowed to implement even larger tariffs, including a 60% tariff on China, 100% on Mexico, and 20% on all other countries. He also proposed using tariffs to penalize American companies that outsourced manufacturing, such as imposing a 200% tariff on John Deere . [ 2 ]
President-elect Donald Trump on Saturday lashed out at the BRICS group of emerging market countries, threatening to impose 100% tariffs if they try to "move away" from the US dollar.
So that means tariffs would have to be at least 100% on all imported goods for tariffs to replace income taxes, said Torsten Slok, chief economist at Apollo Global Management, in a note to ...