President Donald Trump has threatened BRICS countries, warning them against replacing the U.S. dollar as a reserve currency and telling them, "Go find another sucker nation." Newsweek has contacted the White House and the foreign ministries of major BRICS members Brazil,
President Donald J. Trump is putting BRICS nations on notice over its desired separation from the U.S. dollar. Brazil, Russia, India, China, and South Africa (BRICS) allied […]
Russia warned that U.S. efforts to enforce dollar use could backfire. The BRICS nations, while discussing a common currency, are unlikely to replace the dollar, as Trump threatens 100% tariffs on countries attempting to do so amid U.
US President Donald Trump has warned the BRICS member countries against replacing the US dollar as a reserve currency by repeating a 100 percent-tariffs threat he had made weeks after winning the November presidential elections.
The Kremlin on Friday noted a repeat threat by U.S. President Donald Trump to impose tariffs on the BRICS grouping of countries if it created its own currency, but said there were no such plans. Trump on Thursday warned off BRICS member countries from replacing the U.
Spokesperson for the Presidential Communication Office (PCO), Philips Vermonte, said on Friday that Indonesia's membership of BRICS does not mean the country is distancing itself from its Western allies.
The BRICS group of emerging-market powers — the acronym stands for Brazil, Russia, India, China and South Africa — has gone from a slogan dreamed up at an investment bank two decades ago to a real-world club that controls a multilateral lender.
Kremlin spokesperson Dmitry Peskov clarified that BRICS, of which Russia is a member, was not considering the creation of a shared currency but was instead focused on developing joint investment platforms.
BRICS doesn’t plan to create a new common currency to replace the dollar, Kremlin spokesman Dmitry Peskov said.
President Trump said the BRICS nations can say "hello to Tariffs, and goodbye to America" if they create a new currency.
In an apparent ending to weeks of intense speculation, the White House confirmed Friday that President Donald Trump will be leveling aggressive tariffs this weekend on major U.S. trading partners. Karoline Leavitt,