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United States President Donald Trump Friday repeated his intention to impose 100% import tariffs on the BRICS (Brazil, Russia, India, China, and South Africa) countries if they took any steps towards cutting the use of the dollar in global trade. In a post shared on social media platform Truth Social, Trump declared that the United States would not stand idly by while the BRICS bloc pursues the development of an alternative currency. Trump, who has already kicked off imposition of tariffs on Canada and Mexico, demanded a firm commitment from...

United States President Donald Trump on Monday (January 20) repeated his intention to impose 100% import tariffs on the BRICS (Brazil, Russia, India, China, and South Africa) countries if they took any steps towards cutting the use of the dollar in global trade.BRICS nations would “have a 100 per cent tariff if they so much as even think” about reducing the use of the dollar in global trade, Trump told reporters during the signing ceremony in the Oval Office, according to an ANI report. Earlier, delivering his inaugural speech after...