Kremlin Says Trump Threat to BRICS Nations Over US Dollar Will Backfire
MOSCOW (Reuters) -The Kremlin said on Monday that any U.S. attempt to compel countries to use the dollar would backfire after U.S. President-elect Donald Trump threatened to impose tariffs on BRICS countries if they created their own currency.
Trump ramped up his trade threats against a group of nations that are skeptical of the dollar. Here's what the US buys from the 9 countries at risk.
Donald Trump threatened a 100% tariff on nine nations that make up BRICS, including Brazil, China, and India. It'd affect many goods the US imports.
Monday’s gains marked the latest leg of a powerful rally for the US dollar, which was boosted by Trump’s win in last month’s ...
Gold eased, pressured by a rising US dollar after President-elect Donald Trump warned the so-called BRICS nations that he ...
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