Tag Archives: BRICS

President Donald Trump reignited trade war fears Monday, threatening new 25% tariffs on imports from Japan and South Korea, with additional penalties on goods allegedly transshipped through their countries, just days before a July 9 deadline he set in April. The warning came in the form of two official letters …

President-elect Donald Trump issued a stark warning Saturday, threatening 100% tariffs on a bloc of nine nations in the BRICS alliance if they attempt to undermine the U.S. dollar. Trump’s threat comes as BRICS nations—Brazil, Russia, India, China, South Africa, along with Egypt, Ethiopia, Iran, and the UAE—explore alternatives to …