'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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Amid growing U.S. pressure over India’s purchases of Russian oil, Moscow has offered India a 5% discount to soften the impact of American tariffs. Russian diplomat Roman Babushkin criticized the U.S. for unjustified pressure and accused Western nations of acting like neocolonial powers. He emphasized that Russia remains India’s biggest crude supplier and that energy cooperation between the two nations will continue despite sanctions and threats of secondary penalties from Washington. The move comes as U.S. tariffs on Indian goods are scheduled to take effect.
#IndiaRussia #RussianOil #USPressure #OilDiscount #EnergyNews #InternationalTrade #Sanctions #CrudeOil #RomanBabushkin #USIndiaRelations #OilMarkets #GlobalTrade #Tariffs #SecondarySanctions #EnergyCooperation #Geopolitics #OilImports #IndiaEnergy #RussiaEnergy #OilDeal #EnergySecurity #Washington #NewDelhi #OilPrices #EnergyPolicy #TradeConflict #GlobalEconomy #OilSupply #RussiaIndia #USIndia #SanctionsImpact
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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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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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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 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.
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