BRICS, Trump and tariff
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MiBolsilloColombia on MSNTariffs 'Not 100% Firm': Trump's Strategy Sparks Global BRICS FuryPresident Donald Trump's administration has reignited global trade debates with its ambiguous tariff strategy, extending deadlines and provoking strong international reactions.
Despite the China-backed initiative making limited progress, dozens of nations are still eager to join.US President Donald Trump is doubling down against the BRICS bloc of fast-growing economies -- including Brazil,
1don MSN
Trump also said he doesn't see BRICS as a serious threat but believes the group is trying to weaken the U.S. dollar so another country can replace it as the global standard.
President Donald Trump threatened to add a 10% tariff rate on BRICS-aligned countries. The term first applied to 4 countries but the group expanded.
President Donald Trump’s threat to impose new tariffs on India over its participation in the BRICS forum puts New Delhi in a tough position as it races to finalize a favorable trade deal with the US.