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US President-elect Trump has threatened 100% tariffs on BRICS nations to protect the US dollar's dominance. BRICS nations are exploring alternatives to the US dollar amid de-dollarization talks.
Trump on Saturday floated "100% tariffs" on the BRICS group of emerging markets. ... On Friday, the prime minister traveled to Trump's Mar-a-Lago estate in Florida, where he said he had an ...
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 ...
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.
On November 25, 2024, following his election victory, Trump said he would sign an executive order placing 25% tariffs on Canada and Mexico, and impose an additional 10% tariff to China. [148] On November 30, 2024, Trump threatened to impose a 100% tariff to BRICS nations if they tried to create a new BRICS currency or promote another currency ...
Global map of countries by tariff rate, applied, weighted mean, all products (%), 2021, according to World Bank. This is a list of countries by tariff rate. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1. Import duty refers to taxes levied on imported goods, capital and ...
We require a commitment from these Countries that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty U.S. Dollar or, they will face 100% Tariffs, and ...
In November 2024 in a post on Truth Social, United States president-elect Donald Trump threatened a 100% United States tariff on countries that pursued a BRICS currency or moved to favor another currency instead of the U.S. dollar. [214] [215] As US President he announced the same on his first day in office during his second term.