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.
Donald Trump said the U.S. would hit Brazil, Russia and six other countries with a crushing tariff if they sought to challenge the dollar.
Trump has said he will impose a 25% tariff on all imports from Mexico and Canada, as well as a 10% tariff on Chinese products ...
Small businesses are bracing for stiff tariffs that President-elect Donald Trump has proposed as one of his first actions ...
One of President-elect Donald Trump's major campaign promises is instituting sweeping tariffs on the U.S.'s largest trading partners.
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