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BRICS, South Africa and Donald Trump
South Africa clarifies BRICS currency amid Donald Trump's trade threats
Amid rising tensions, South Africa rejects allegations of a BRICS currency and emphasizes the importance of maintaining strong, mutually beneficial trade ties with the United States, despite recent threats from Donald Trump.
South Africa Says No Plans to Develop a Common BRICS Currency
South Africa’s government said there are no plans to create a so-called BRICS currency, after US President-elect Donald Trump threatened to impose 100% tariffs on members of the economic bloc that back the creation of an alternative to the US dollar.
Trump’s threat to South Africa and other BRICS nations – what you need to know
The president-elect’s warning against the BRICS nations suggests how confused the incoming administration is, says experts.
Trump threatens 100% tariff on BRICS countries if they pursue creating new currency
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% tariffs during his administration.
Why is Trump threatening a 100% tariff on the BRICS nations?
Donald Trump said the U.S. would hit Brazil, Russia and six other countries with a crushing tariff if they sought to challenge the dollar.
Trump warns BRICS countries if they try to replace dollar: '100% tariffs'
President-elect Trump on Saturday threatened the developing countries known the the BRICS bloc with "100% tariffs" if they try to move away or replace the dollar.
Dollar Strengthens as Trump Targets BRICS
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 plans to create a common currency to compete with the dollar,
Trump threatens tariffs to protect dollar against threat few see as real
President-Elect Donald Trump says he wants to protect the U.S. dollar from the rise of an alternative currency that does not exist and that few analysts take seriously.
Q&A: Trump Threatened Huge Tariffs on Brics Countries. Why?
The president-elect said he would impose 100% tariffs on countries that seek to replace the U.S. dollar as the main global currency for settling global trade transactions. Chelsey Dulaney explains what is behind Donald Trump’s threat.
Trump Warns BRICS: 100% Tariffs if U.S. Dollar is Undermined
President-elect Donald Trump has announced plans to impose 100% tariffs on BRICS nations—Brazil, Russia, India, China, and South Africa—if they attempt to replace the U.S. dollar as the global reserve currency.
Trump's 100% Tariff Threat: A Bold Move Against BRICS Currency Plans
President-elect Donald Trump has issued a stark warning to BRICS nations, threatening 100% tariffs if they attempt to create a rival currency to the US dollar. With major players like China, Russia, and India involved,
1d
on MSN
Nigeria seeks South Africa's help to join G20, BRICS
At a joint summit, Nigeria officially asked for South African endorsement to join the important economic blocs. South Africa ...
Daily Post Nigeria on MSN
19h
South Africa eyes Nigeria’s lithium, approves request to G20 membership bid
President Ramaphosa has expressed South Africa's interest to partner with Nigeria in tapping into critical minerals, ...
TheCable
1d
Nigeria seeks South Africa’s backing to join G20, BRICS
Nigeria is seeking the support of South Africa to secure full membership in the G20 and BRICS. Bayo Onanuga, the presidential ...
businessday
1d
Nigeria seeks S/Africa’s backing for G20, BRICS membership
The Nigerian government is seeking South Africa’s backing to attain full membership of the G20, BRICS and the BRICS New ...
Nairametrics
1d
Nigeria seeks South Africa’s support for G20 and BRICS membership
The Nigerian government has sought South Africa’s endorsement to attain full membership in the G20, BRICS, and the BRICS New ...
Hosted on MSN
19h
EXPLAINER: The case for de-dollarising with a BRICS currency
A proposed BRICS currency has the potential to transform global financial markets and lessen reliance on the dollar, but ...
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