US President-elect Donald Trump on Sunday threatened to impose a 100% tariff on the BRICS bloc nations, which include India, if they try to undermine the US dollar. "The idea that the BRICS countries are trying to move away from the Dollar while we stand by and watch is over. We require a commitment... that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty US Dollar or, they will face 100 percent Tariffs and should expect to say goodbye to selling into the wonderful U.S. Economy," Trump wrote on his Truth Social website.
This story is from the December 02, 2024 edition of The Morning Standard.
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This story is from the December 02, 2024 edition of The Morning Standard.
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