BRICS, Donald Trump and tariff
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The trade policy of President Donald Trump's administration continues to send ripples across the globe. Amidst renegotiations and new tariffs, one of the most striking threats is the potential imposition of a 100% tariff on nations aligning with the BRICS ...
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AllAfrica on MSNBrics Warns Unilateral Tariffs Harm Global Development As Trump Threatens Economic BlocTen new countries joined the grouping as "observers" despite US President Donald Trump calling BRICS "anti-American" and threatening 10% additional tariffs on those aligning with it.The 17th BRICS summit,
For many countries, the reprieve from President Donald Trump’s eye-watering tariffs, which were implemented on April 2 and temporarily reduced to 10% a week later, is soon set to come to an end. The 90-day pause,
U.S. President Donald Trump broadened his global trade war on Tuesday as he announced a 50% tariff on imported copper and said long-threatened levies on semiconductors and pharmaceuticals were coming soon.
President Donald Trump said he would not offer any extensions for the implementation of increased tariffs on many goods imported into the US, pledging that new rates would hit at the beginning of August.
Trump and his aides have repeatedly shifted their stance on tariffs in the weeks since the president’s “Liberation Day” announcement.
The Indian rupee slumped on Monday as uncertainty about U.S. tariff policies resurfaced with President Donald Trump's threat of a fresh 10% levy on BRICS countries compounding pressure on the local currency alongside peers like South African rand and Chinese yuan.