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Sparsh Jindal

19th Jul 2025 · SEBI-Registered Analyst

Trump Threatens BRICS With Tariffs Over Dollar Challenge

At a White House event, Donald Trump warned BRICS nations of a 10% tariff on exports if they pursue efforts to reduce reliance on the US dollar. Linking trade penalties with dollar dominance, he claimed his stance deterred BRICS meetings. India clarified de-dollarisation isn’t on the group’s agenda.

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