'Will have to PAY BIG PRIZE' |Trump THREATENS 10% Tariffs on BRICS Nations over De-Dollarisation Bid
Video Credit: Oneindia - Duration: 03:42s - Published
'Will have to PAY BIG PRIZE' |Trump THREATENS 10% Tariffs on BRICS Nations over De-Dollarisation Bid
Donald Trump issued a bold warning to BRICS nations—Brazil, Russia, India, China, and South Africa—accusing them of trying to “undermine the dollar.” Trump declared a 10% tariff would hit any country aligning with BRICS or challenging U.S. currency dominance.
“The dollar is king.
We’re going to keep it that way,” he asserted.
The statement signals Trump’s aggressive stance on global finance and hints at harsh penalties for nations embracing BRICS’ alternative trade frameworks or currency cooperation.
#TrumpVsBRICS #DollarIsKing #TrumpTariffs #BRICSWarning #USDollarDominance #CurrencyWar #TradeThreat #Geopolitics #Trump2024 #TrumpSpeech #GlobalFinance #BRICSEconomies #USSanctions #10PercentTariff #TrumpForeignPolicy #EconomicShowdown #BreakingNews #TrumpNews #BRICSExpansion #Dedollarization #CurrencyChallenge #TariffThreat #AmericaFirst #USVsBRICS
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Hungarian Prime Minister Viktor Orban has sparked political shockwaves by refusing to sign the EU’s joint statement backing Ukraine, issued just days before the upcoming Trump–Putin meeting in Alaska. The statement, agreed upon by other EU leaders, emphasized that international borders cannot be changed by force and that peace in Ukraine must include Ukraine’s voice. Orban claims the declaration was an attempt to set preconditions for a meeting to which the EU was not invited — further deepening tensions within Europe ahead of a critical geopolitical summit.
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Alaska is set to host former U.S. President Donald Trump and Russian President Vladimir Putin in Anchorage on August 15 for their first face-to-face meeting since 2022. Locals are divided—some see the summit as historic with the potential to influence the Ukraine war’s outcome, while others fear it could make Alaska a target for attacks. With tensions still high over Russia’s invasion of Ukraine, security in Anchorage will be unprecedented as the world’s attention turns to this unlikely meeting location.
#Trump #Putin #Alaska #Anchorage #USRussiaRelations #UkraineWar #PoliticalSummit #GlobalPolitics #TrumpPutinMeeting #HistoricSummit #WorldLeaders #PoliticalNews #Russia #USA #SecurityAlert #BreakingNews #Geopolitics #InternationalRelations #Diplomacy #AnchorageNews #LocalReaction #UkraineCrisis #PutinInAlaska #TrumpNews #ForeignPolicy #WarAndPeace #PoliticalDivide #AlaskaSummit #USPolitics #WorldNews
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In a dramatic turn during Pakistan Army Chief Asim Munir’s high-profile U.S. visit, the United States officially designated the Balochistan Liberation Army (BLA) as a Foreign Terrorist Organization. The timing of the announcement is being hailed as a major diplomatic win for Islamabad and signals a deepening shift in U.S.-Pakistan ties under Trump’s renewed engagement.
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Trump’s aggressive tariff policies are driving key global players toward China and Russia, strengthening BRICS as a united front against U.S. dominance. Leaders from India, Brazil, Russia, and China are deepening economic and strategic ties, defying U.S. pressure and embracing multipolar cooperation. With BRICS expanding and over 30 countries seeking membership, Washington’s trade war may be fueling the very bloc it seeks to counter.
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As Trump imposes sweeping tariffs on India and China, leaders Modi, Xi, and Putin are coordinating a strategic response. Modi and Putin held a phone call to review bilateral ties, with Trump accusing India of funding Russia’s war via oil trade. Xi also spoke with Putin, urging diplomacy with the U.S. but slamming Trump’s “bully” tactics. The growing BRICS unity signals a serious counterweight to Washington’s tariff war, as all three powers challenge what they call unfair and illegal U.S. trade pressure.
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President Lula da Silva and PM Modi discussed the US tariffs impacting both Brazil and India, exploring deeper integration. Lula accepted Modi's invitation to.. IndiaTimes
Brazilian President Luiz Inácio Lula da Silva has drawn a firm line in the sand after the United States imposed hefty 50% tariffs on Brazilian exports. In a striking interview with Reuters, Lula declared he won’t initiate talks with President Trump that might “humiliate” his nation—saying he’ll only engage if he senses genuine willingness to negotiate. Brazil isn't retaliating with reciprocal tariffs but is pursuing WTO consultations and prepping domestic support for affected industries. Lula also unveils plans to mobilize BRICS partners like India and China for a coordinated response.
Firmly asserting Brazil’s economic sovereignty, he criticized Trump’s interference in a sovereign country’s legal affairs, particularly related to the prosecution of former president Jair Bolsonaro. Emphasizing mutual respect in diplomacy, Lula called for dignified engagement-pointing to Trump’s public humiliations of other world leaders as unacceptable conduct. He’s offering negotiation-but on his terms only.
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Brazilian President Luiz Inacio Lula da Silva has delivered a fiery rebuke to the United States, accusing Washington of aiding a coup in Brazil and using economic threats as political weapons. Speaking at a Workers’ Party event in Brasília, Lula condemned the 50% tariff threat from President Donald Trump as “economic blackmail,” and vowed that Brazil would not bow to “unequal treatment.” Without specifying the incident, Lula recalled a past U.S.-backed coup, possibly referring to 1964 or the 2016 impeachment of Dilma Rousseff.
The warning comes as tensions escalate over BRICS’ growing influence and its call to reduce dollar dependence. Lula emphasized that Brazil, no longer reliant on the U.S., is ready to negotiate but only as equals. The 50% tariff would be the highest imposed on any country, signaling a major rift in U.S.-Brazil relations. Lula’s defiance now sets the stage for a global showdown over sovereignty and trade.
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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 realigning its collective strength to challenge Washington’s high-handedness. With renewed cooperation and resistance, this BRICS Strategic Awakening could reshape the global trade order. From bilateral pacts to bold diplomatic moves, the BRICS Strategic Awakening signals a global shift towards multipolarity.
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In a bold response to Trump’s steep 50% tariffs, India and Brazil have vowed to deepen strategic and trade ties. Following a key call between PM Modi and President Lula, both leaders condemned unilateral sanctions and pledged to defend multilateralism. They agreed on a joint framework spanning trade, energy, defense, and technology, aiming to boost bilateral trade to $20 billion by 2030. Lula confirmed a 2026 India visit, while VP Alckmin will attend trade talks in New Delhi this October.
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Trump cranks up India tariffs to 50% in an attempt to pressure Russia
Brazil and India now face the world’s steepest blanket tariff at 50%, with India targeted for Russian oil purchases undermining US sanctions.
READ MORE : http://www.euronews.com/2025/08/06/trump-cranks-up-india-tariffs-to-50-in-an-attempt-to-pressure-russia
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Credit: euronews (in English) Duration: 00:35Published
In a major international development, former U.S. President Donald Trump has announced a sweeping 30% tariff on all goods imported from South Africa, set to begin on August 1. In a letter, Trump claimed South Africa's trade policies are "far from reciprocal," prompting this drastic measure. The White House has indicated that these tariffs could be adjusted based on the future of US-Pretoria relations.
Responding swiftly, South African President Cyril Ramaphosa has sharply pushed back, labelling the tariff a "contested interpretation" of the current trade reality. In a statement from his office, Ramaphosa highlighted that South Africa's average tariff on imports is a modest 7.6%, and a staggering 77% of all U.S. goods enter the country completely duty-free. He has tasked a special team to urgently engage with U.S. officials on the matter.
High-stakes negotiations are already underway. U.S. and South African officials have met in Angola to discuss tariff relief and market access. South Africa's trade ministry is pushing to delay the deadline and negotiate a new framework, with sources indicating they are seeking to cap the duty rate at 10% as a potential compromise. The international community is watching closely as a Press Secretary Leavitt has hinted at a possible delay, leaving the future of US-South Africa trade hanging in the balance.
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