US President-elect Donald Trump threatened 100% tariffs on BRICS countries if they pursue new currency alternatives to the US Dollar, citing its dominant role in foreign exchange reserves and trade.

President-elect Donald Trump on Nov. 30 threatened to slap a 100% tariff on a group of nine nations — the so-called BRICS — if they try to replace the U.S. dollar with another currency.

Support from readers like you keeps The Journal open. You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to ...

"We require a commitment from these Countries that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty U.S. Dollar or, they will face 100% Tariffs ...

Receive News24 Business writer-at-large Carol Paton's articles about the political economy, state-owned enterprises and energy sector.

I said, yeh koi maan ne ki baat hai? I am telling you what the facts are. And I said, if you want me to do this, Prime Minister, I guarantee you 100% defeat. Now, Prime Minister, give me your orders.

Trump warns BRICS nations that he slap 100 per cent tariff on trade if they persue de-dollarisation. File Image / AP Amid the looming trade wars with Mexico and Canada, US President Donald Trump ...

United States President-elect Donald Trump on Saturday threatened tariffs of 100 per cent against BRICS countries unless their governments agree not to create a new currency as an alternative to ...

WASHINGTON - President-elect Donald Trump on Nov 30 threatened to impose a 100 per cent tariff on the Brics group of nations if they undercut the US dollar. “We require a commitment ...

We require a commitment from these Countries that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty U.S. Dollar or, they will face 100% Tariffs ...

WASHINGTON − President-elect Donald Trump threatened the BRIC group of emerging-market nations on Saturday, warning that he would impose 100% tariffs if they make any moves to undermine the U.S ...

President-elect Trump on Saturday threatened "100% tariffs" on the bloc of countries known as BRICS – Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and the United Arab ...