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,
Press secretary of the President of Russia Dmitry Peskov confirmed that so far there is no talk of creating a common currency within the BRICS association. TASS informs about this today, January 31.
Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran and the United Arab Emirates. Currently, the group does not have a common currency, but discussions on the subject gained some momentum after the West imposed sanctions on Russia over the war in Ukraine.
US President Donald Trump has fired a shot across the bow of the BRICS alliance, threatening to impose a sweeping 100 per cent tariff on any country attempting to undermine the US Dollar.
Shri Shri Donald J. Trump, the 47th president of the USA, has been on a loop yelling ‘tariffs’ from the rooftop and basement ever since his re-election campaign.
In a post shared on social media platform Truth Social, Trump declared that the United States would not stand idly by while the BRICS bloc pursues the development of an alternative currency.
President Donald Trump said on Thursday that there is no chance for BRICS countries to replace the US dollar.
While BRICS hasn’t yet done enough to turn the table, its stated action plans, particularly adopting a common currency within its fold and ultimately ditching the dollar, have announced themselves as potential game changers.
Tulsi Gabbard, US President Donald Trump's pick for Director of National Intelligence, hit at Democrats during a Senate confirmation hearing on January 30. Gabbard fumed as Democrats questioned her earlier statements on Russia's war in Ukraine.
BRICS discussions revolve around investment cooperation, not currency creation, Kremlin said, countering Trump’s repeated tariff warnings.
According to Dmitry Peskov, BRICS is speaking about the creation of new joint investment platforms that will allow investments in third countries, mutual investments