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‘Little group fading fast’: Donald Trump mocks Brics; reiterates 10% tariff threat to protect US dollar dominance
Saturday, 19 July 2025
Donald Trump dismissed the Brics group as fading and threatened tariffs on nations aligning with its policies, claiming credit for weakening their efforts to rival the US dollar. He signed the GENIUS Act into law, establishing a regulatory framework for payment stablecoins and preventing a US central bank digital currency. Brics denies being anti-American, despite Trump's claims.
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