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Trump, BRICS and dollar
Trump repeats tariffs threat to dissuade BRICS nations from replacing US dollar
President Donald Trump on Thursday warned off BRICS member countries from replacing the U.S. dollar as a reserve currency by repeating a 100%-tariffs threat he had made weeks after winning the November presidential elections.
Trump renews tariff threat to BRICS countries: ‘Nations trying to replace Dollar will…’
In a post shared on social media platform Truth Social, Trump declared that the United States would not stand idly by while the BRICS bloc pursues the development of an alternative currency.
Dollar rebounds as Trump talks of Canada, Mexico tariffs
Trump was quoted saying his team was thinking of tariffs around 25% which could be announced on Feb. 1 but offered no other specifics.
Donald Trump's Another Threat To BRICS Nations Including India: 'Replace Dollar, Face 100% Tariff'
BRICS, formed in 2009, is the only major international group of which the United States is not a part. BRICS consists of ten countries- Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia,
Trump threatens BRICS with tariffs if they replace US dollar
He has also threatened Canada and Mexico with tariffs.US President Donald Trump threatened BRICS member states with 100% tariffs on Thursday to dissuade them from replacing the US dollar as reserve currency.
US dollar firms against peers
US dollar firms against peers after Fed holds rates steady
The U.S. dollar was firmer against major currencies on Wednesday after the Federal Reserve left interest rates unchanged as widely expected, but gave scant clues about further reductions in borrowing costs this year.
The Federal Reserve holds interest rates steady
The Federal Reserve left interest rates unchanged on Wednesday, amid a cloudy economic outlook, partly because some of President Trump’s policies could stymie the fight against inflation. Wednesday’s pause comes after the central bank cut interest rates by a full percentage point between September and December of last year.
U.S. stocks open mostly lower ahead of Fed rate decision
U.S. stock indexes were mostly lower on Wednesday morning ahead of the release of the Federal Reserve's first monetary-policy decision of the year. The Dow Jones Industrial Average was flat, trading at around 44,
14h
on MSN
Trump’s quick win on Colombian migrant flights may be a loss for the dollar
By threatening Colombia with the type of sanctions reserved for U.S. adversaries, Trump inflamed global interest in ...
10d
The US dollar vs crypto: Is Trump undermining the greenback?
Industry executives and analysts discuss whether incoming President Trump’s pro-crypto policies will end up undermining and ...
The Canadian Press on MSN
1d
Most Canadian business leaders support dollar-for-dollar retaliatory tariffs: KPMG
The vast majority of Canadian business leaders want a targeted, dollar-for-dollar retaliatory response if the United States ...
3d
Strong Dollar vs. Weak Dollar
Conversely, American shoppers buy more imports when the dollar is strong. A bottle of Mexican tequila would have sold for $30 ...
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