In his remarks after the inaugural address, President Trump threatened BRICS nations with 100% tariffs if they pursue de-dollarisation efforts.
A former APC Presidential aspirant, Chief Charles Udeogaranya, has expressed strong support for Nigeria’s membership in BRICS as a partner country, describing it as a timely and transformative move.
President Donald Trump has again warned that he will impose 100% tariffs against countries of the BRICS bloc, of which India is a part, if they take any steps to replace the U.S. dollar.
Trump’s sharp stance aims to counteract the bloc’s de-dollarisation agenda, which he sees as a direct challenge to US economic hegemony.
Brazil takes the helm at a moment when diplomatic pragmatism should take precedence over some of the bloc’s more polarizing initiatives.
Nigeria has been admitted as a “partner country” of the BRICS bloc of developing economies. BRICS was formed by Brazil, Russia, India and China in 2009, with South Africa added in 2010, as a counterweight to the Group of Seven leading industrialized nations.
India faces potential trade disruptions as Trump threatens 100% tariffs on BRICS countries, including India. With the US being India’s largest trading partner, the article explores how India plans to respond to Trump’s tariff policies,
Indonesia's rupiah stays stable despite US trade policies, supported by strong reserves, BRICS membership, and optimistic growth forecasts.
Donald Trump, who’s never shied away from calling political opponents “dumb” and “stupid,” had a prime opportunity to display his intellectual prowess on Monday.
ABUJA, Nigeria -- Nigeria has been admitted as a “partner country” of the BRICS bloc of developing economies, according to Brazil, the group’s chair. BRICS was formed by Brazil, Russia, India and China in 2009, with South Africa added in 2010, as a counterweight to the Group of Seven leading industrialized nations.
Despite the threat of a trade war with the U.S., economists and analysts tell CNBC that this will not stop BRICS from expanding.