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Trump's BRICS tariff threat explained
India’s rupee plunges to all-time low after Trump warned BRICS against dollar dethroning
India’s rupee has fallen to its lowest point ever, trading at 84.6850 per dollar after a government report revealed the slowest economic growth in two years. But the rupee isn’t just slipping because of domestic issues.
Global Trade on Edge as Trump Targets BRICS With Tariff Threats
In a move reminiscent of his first term, U.S. President-elect Donald Trump has issued a sweeping threat of 100% tariffs on the BRICS nations—Brazil, Russia, India, China, and South Africa—if they
‘Wave goodbye to America’: Trump threatens 100% tariffs on Brics nations over plans to replace US Dollar
US President-elect Donald Trump has threatened 100 per cent tariffs on Brics nations and allies if they support a new currency to replace the dollar i
1h
Why is Trump threatening a 100% tariff on the BRICS nations?
Donald Trump said the U.S. would hit Brazil, Russia and six other countries with a crushing tariff if they sought to challenge the dollar.
17h
on MSN
Trump threatens 100% tariff on BRICS countries if they pursue creating new currency
President-elect Donald Trump said he would require countries that are part of BRICS — a China- and Russia-backed group of ...
7h
on MSN
Analysts Say Donald Trump’s 100% Tariff Threat Against India “More Symbolic Than Practical”
President-elect Donald Trump has issued a stark warning to the BRICS nations – Brazil, Russia, India, China, and South Africa ...
21h
on MSN
Trump threatens 100% tariffs on China and Russia if BRICS group of nations issues new currency
US President-elect Donald Trump threatened to levy 100% tariffs on BRICS — a China- and Russia-led group of nations with ...
1h
Fin ministry eludes query on India’s stance on BRICS currency
The Indian finance ministry remains non-committal regarding the potential establishment of a BRICS currency, amid warnings of tariffs from US President-elect Donald Trump. Insights from a recent ...
8h
India has contributed $2 billion to BRICS Bank: Finance Ministry
As of now, 20 externally aided projects with loan amounts of $4.867 million funded by the NDB are ongoing in India,” Union ...
India Today
6h
Trump's hollow threat: How BRICS sidelined 'wonderful economies' over time
The nine BRICS economies together constituted 35.8 per cent of the global GDP based on purchasing power parity in 2023.
ndtvprofit
10h
Unclear If US Laws Permit Sanctioning Of Trump's Tariff Threat On BRICS: Former RBI Governor Duvvuri Subbarao
Subbarao also said even for BRICS, there are internal differences about bringing out an alternative to the US Dollar.
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