Axios
President-elect Trump on Saturday threatened to impose 100% tariffs against emerging markets that try to shift away from the U.S. dollar in international trade.Why it matters: The threat against the BRICS nations (primarily Brazil, Russia, India, China, and South Africa) is the latest escalation in Trump’s campaign to use the specter of tariffs to achieve policy goals…
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Trump threatens 100% tariffs on BRICS nations over dollar
President-elect Trump on Saturday threatened to impose 100% tariffs against emerging markets that try to shift away from the U.S. dollar in international trade.Why it matters: The threat against the BRICS nations (primarily Brazil, Russia, India, China, and South Africa) is the latest escalation in Trump’s campaign to use the specter of tariffs to achieve