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Trump Sends New Warning to China-Led Bloc Over 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.
Trump threatens 100% tariff on the BRIC bloc of nations if they act to undermine US dollar
His threat was directed at countries in the so-called BRIC alliance, which consists of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and the United Arab Emirates.
Donald Trump Sends New Warning to China-Led Bloc Over US Dollar
Trump issued a stern warning to China over its BRICS bloc ambitions in a Truth Social post on Saturday afternoon.
The Columbian
15h
Trump threatens 100% tariffs on BRIC bloc if nations act to undermine U.S. dollar
President-elect Donald Trump on Saturday threatened 100 percent tariffs against a bloc of nine nations if they act to undermine the U.S. dollar. His threat was directed at coun ...
8d
The U.S. Dollar: How Strong Will It Get
The U.S. dollar has strengthened, with the exchange rate at $1.04 per Euro as of November 22, 2024. Check out the factors ...
4d
Dollar falls amid economic data dump before long weekend
The dollar fell broadly on Wednesday in thin pre-holiday trade, digesting a slew of indicators that underscored U.S. economic ...
2d
Adani Green Dollar Bond May be Revived Mid-2025, Group CFO Says
Adani Green Energy Ltd. will consider resurrecting its scrapped dollar bond between April and June, Group Chief Financial ...
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