President Donald Trump took to social media on Thursday night to threaten 10 more countries with tariffs if they replace the U.S. dollar as their reserve currency. “The idea that the BRICS Countries ...

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% ...

Why does BRICS want to challenge the US dollar? The BRICS nations — named after original members Brazil, Russia, India, China and South Africa — are among the fast-growing economies in the 21st ...

1000 ET – The WSJ Dollar Index rises 0.6% as markets react to President-elect Trump’s threat to slap 100% tariffs on Brazil, Russia, India, China and South Africa. He wants the BRICS countries to drop ...

US President-elect Donald Trump has 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 currency.

President Trump vowed to impose tariffs of up to 100 percent on countries that back a new reserve currency among the BRICS countries, a group that includes Russia and China. Trump’s Truth Social post ...

A few days before the 16th BRICS Summit got underway in Kazan in October, Russia, the organizers of this key conclave advised attendees to bring along U.S. dollars and euros as Russian banks preferred ...

Brazil's BRICS presidency won't push for common currency Agenda would ease global payments, reduce dollar reliance July BRICS summit to discuss cross-border payment systems BRASILIA, Feb 13 (Reuters) ...

Brazil’s BRICS presidency this year will not push for a shared currency but will focus on easing international payments and reducing reliance on the U.S. dollar in global trade, according to four ...