Trump’s tariff threat to BRICS nations may end up backfiring
Trump's pressure on countries to remain tied to a US-dollar-based financial system could backfire, with potential increased ...
Trump threatens 100% tariff on BRICS countries if they pursue creating new currency
President-elect Donald Trump said he would require countries that are part of BRICS — a China- and Russia-backed group of emerging economies — to commit to not creating new currency or face 100% ...
Asian manufacturing PMIs send positive signals but tariff threat tempers upside
Manufacturing conditions across much of Asia looked slightly stronger midway through the fourth quarter, but trepidation ...
Bond yields rise after new Trump tariff threat
Bond yields rose on Monday as a new tariff threat from President-elect Donald Trump reignited worries over inflation.
El País in English53m
US companies stock up in anticipation of Trump’s promised tariffs on China, Mexico and Canada
The announced levies of up to 25% on imported goods accelerates early imports and increases the volume of shipments from the ...
Chinese stocks rally after robust factory PMI data
However, concerns over a broader trade war capped regional gains after U.S. President-elect Donald Trump demanded a commitment from the BRICS nations on using the dollar, warning they shouldn't move ...
Deccan Herald55m
Trump's 100% tariff threat on BRICS: Need to see if US laws permit sanctions: Ex-RBI Governor
The US President-elect also said even for BRICS, there are internal differences about bringing out an alternative to the US Dollar.
Trump said he'll put a 100% tariff on countries that give up the dollar. That could backfire.
The US can't reduce its trade deficit and increase the global dominance of the dollar at the same time, said an economist.