‘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.
During the signing of the landmark GENIUS Act, President Trump launched a spectacular verbal assault on BRICS, calling the bloc a “little group fading fast”, accusing it of trying to dethrone the US dollar. He reaffirmed his threat of a 10% tariff on any country joining the alliance, claiming the...
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As Donald Trump intensifies his tariff war on nations like India and Brazil, a BRICS Strategic Awakening is underway. The five-member bloc—Brazil, Russia, India, China, and South Africa—is..
Donald Trump has criticized the BRICS economic alliance, accusing it of attempting to undermine the dominance of the U.S. dollar. He threatened to impose a 10%... IndiaTimes Also reported by •DNA
Saturday, 19 July 2025 ()
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