BRICS, Trump and tariff
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President Donald Trump has threatened new tariffs on any nation supporting “anti-American” policies of the BRICS group of emerging economies, as he announced tariff letters would be sent out to scores of countries from Monday,
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Trump had previously threatened tariffs on the BRICS group if they followed through with plans to challenge the supremacy of the U.S. dollar.
Now that Donald Trump's arbitrary July 9 deadline for negotiations on "reciprocal" tariffs has come and gone, what are the implications for Southeast Asia? To date, Vietnam, Indonesia and the Philippines are the only countries in the region to have secured so-called deals.
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MiBolsilloColombia on MSN100% tariff on the BRICS bloc, these are the reactions to President Trump's mandatePresident Trump's proposed 100% tariff on BRICS nations has stirred global controversy. Labeling the group as 'anti-American,' Trump faces backlash from BRICS leaders, who defend their vision of a multipolar world.
President Donald Trump threatened to hit members of the BRICS alliance — including China, Russia and India — with an additional 10% tariff for being "anti-American."His announcement came as the alliance was hosting its yearly summit in Rio de Janeiro,
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Regtechtimes on MSNTrump Targets BRICS: 10% Tariff Declared on Countries Backing BlocU.S. President Donald Trump has announced that the United States will impose an additional 10% tariff on any country that aligns itself with the BRICS group. This comes as BRICS leaders gather for a major summit in Brazil.
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Amazon S3 on MSNTrump Vs BRICS: Trump MOCKS Brics As “Little Group Fading Fast”; Vows 10% Tariff On BRICS NationsDuring the signing of the landmark GENIUS Act, President Trump launched a spectacular verbal assault on BRICS, calling the bloc a “little group fading fast”, accusing it of trying to dethrone the US dollar.
The president’s statement comes as the trading bloc including Brazil, Russia, India, China, and South Africa is meeting in Rio de Janeiro this week. President Donald Trump is threatening to add an additional 10% tariff on countries that align with the so-called “anti-American policies of BRICS,