21/01/2025
In a recent statement, U.S. President Donald Trump threatened to impose 100% tariffs on BRICS nations if they pursue creating a new currency to rival the U.S. dollar.
BBC
The BRICS bloc comprises Brazil, Russia, India, China, and South Africa.
WIKIPEDIA
This announcement aligns with President Trump's broader trade policy, which includes imposing a 25% tariff on imports from Canada and Mexico starting February 1.
BUSINESS INSIDER
Additionally, he has warned of further tariffs on Chinese imports if Beijing does not agree to sell a significant stake of the TikTok app to a U.S. company, and on EU products unless they buy more American oil.
FINANCIAL TIMES
Economists caution that such aggressive tariff measures could lead to increased prices for consumers and contribute to higher inflation.
BUSINESS INSIDER
Furthermore, these actions may strain diplomatic relations and disrupt global markets, as seen with the recent tensions between the U.S., Canada, and Mexico.
BBC
In a related incident, President Trump mistakenly identified Spain as a BRICS member and threatened similar tariffs due to its defense spending, highlighting potential challenges in diplomatic communications.
EL PAÍS
Trump's Tariff Threats Spark Global Concerns
Business Insider
Trump promises 25% tariffs on Canada and Mexico are coming on February 1 that will 'make us rich as hell'
Today
Financial Times
Donald Trump threatens 25% tariff within days for Mexico and Canada
Today
El País
Trump confunde a España con un "país de los BRICS" y le amenaza con "aranceles del 100%"
Today
