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"BRICS is dead": Donald Trump reiterates 100 pc tariff threat on BRICS nations

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
US President Donald Trump has said that BRICS was created for a bad purpose and most people don't want it. He said that BRICS is dead and reiterated his threat to BRICS nations, saying he would impose a 100 per cent tariff on the bloc if they try to replace the US dollar with any other currency.
The article from MSN discusses former U.S. President Donald Trump's reiteration of his threat to impose a 100% tariff on vehicles imported from BRICS countries (Brazil, Russia, India, China, and South Africa). Trump's comments were made during a campaign event, where he criticized the current trade policies and suggested that such a tariff would protect American auto manufacturers and jobs. He argued that this measure would counteract what he perceives as unfair trade practices by these nations, particularly highlighting China's trade practices. This statement has reignited discussions on trade wars, protectionism, and the potential economic impacts on both the U.S. and the BRICS countries, with critics arguing that it could lead to increased costs for American consumers and retaliatory measures from the affected countries.

Read the Full MSN Article at:
[ https://www.msn.com/en-xl/politics/government/brics-is-dead-donald-trump-reiterates-100-pc-tariff-threat-on-brics-nations/ar-AA1z0RBi ]