Trump's 100% tariff threat: Impact on BRICS nations and global trade dynamics
- Posted on February 1, 2025
- By Business News Today
- 3 Views
Trump's 100% tariff threat: Impact on BRICS nations and global trade dynamics
US President Donald Trump has threatened BRICS members with 100% tariffs if they attempt to introduce a new currency to replace the US dollar. While BRICS nations focus on bilateral trade in their national currencies, a common BRICS currency is currently not on the agenda.
