BRICS, Trump and 10 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,
President Donald Trump is threatening an extra 10% tariff on nations that side with the "anti-American" policies of BRICS. Here's what that means.
6don MSN
Trump had previously threatened tariffs on the BRICS group if they followed through with plans to challenge the supremacy of the U.S. dollar.
In November, as president-elect, Trump threatened he would put “100% tariffs” on BRICS countries unless they committed to never create a “a new BRICS Currency, nor back any other Currency to ...
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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.
The comments came shortly after BRICS leaders issued a joint statement appearing to criticize Trump’s protectionist trade policies.
America’s biggest trading partners have tried tactics ranging from appeasement to retaliation to avoid higher tariffs. All find themselves faced with similar threats from Washington.
President Donald Trump has managed to make his erratic trade policies even more baffling to countries desperate to negotiate an escape from his wrath.