Trump’s Threat Over an Imaginary Currency Risks Backfiring on the U.S. Dollar
After his 100% tariffs warning to Brics nations, some economists say the president-elect risks accelerating the pursuit of alternatives to the greenback.
BRICS currency: Is Trump's tariff threat justified?
President-elect Donald Trump has warned BRICS nations of 100% tariffs over plans for a new currency to challenge the US dollar. DW examines why these economies are taking on the world’s reserve currency.
Trump threatens 100% tariffs on China and Russia if BRICS group of nations issues new currency
US President-elect Donald Trump threatened to levy 100% tariffs on BRICS — a China- and Russia-led group of nations with emerging economies — if the countries decide to issue their own
Kremlin Says Trump Threat to BRICS Nations Over US Dollar Will Backfire
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.
Q&A: Trump Threatened Huge Tariffs on Brics Countries. Why?
The president-elect said he would impose 100% tariffs on countries that seek to replace the U.S. dollar as the main global currency for settling global trade transactions. Chelsey Dulaney explains what is behind Donald Trump’s threat.
Why is Trump threatening a 100% tariff on the BRICS nations?
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.
South Korean Currency Slumps After Martial Law Declared
The South Korean won hit a two-year low against the U.S. dollar following President Yoon Suk Yeol's declaration of martial ...
Political unrest undermines South Korea's currency, stock market
Political instability in South Korea has caused the nation's won to plunge in value and has shaken confidence in the nation's ...
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 ...
Burnaby currency exchange sues ex-employee for alleged $4.4M fraud
Crystal Currency Exchange Inc. claims former employee Dan Qing Wang (a.k.a. Lisa Wang) diverted Chinese currency worth more ...
South Korean currency tumbles, Euro rises after declaration of martial law
The Korean won was one of the biggest movers on Tuesday, plunging against the U.S. dollar after South Korea's president declared martial law.
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Discussion | Trump threatens tariffs over BRICS currency plans
Trump says the US will no longer stand and watch while BRICS countries are trying to move away from the dollar. He is quoted ...
Currency Exchange International (TSE:CXI) shareholders have earned a 21% CAGR over the last three years
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Trump promises 100% tariffs on BRICS nations if they create rival currency
President-elect Donald Trump on Saturday warned the BRICS nations they will face a 100% tariff in U.S. domestic markets if ...
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Trump warns BRICS countries from trying to replace Dollar as world reserve currency: '100% tariffs'
"They can go find another "sucker!" There is no chance that the BRICS will replace the U.S. Dollar in International Trade, ...
Traders Defy China's Yuan Support, Sending Currency to One-Year Low
Traders defied China’s efforts to support the yuan, sending the currency to a one-year low on bets policymakers will have to ...