Brief by Shorts91 Newsdesk / 06:42pm on 08 Jul 2025,Tuesday India Global
US President Donald Trump has warned BRICS nations, including India, China, and Brazil, of a 10% tariff for challenging the US dollar. “If they are a member of BRICS, they have to pay a 10% tariff,” Trump said during a cabinet meeting. He claimed BRICS aims to weaken the dollar and added, “The dollar is king. We’re going to keep it that way.” The warning is part of Trump’s broader trade plan, which raises tariffs on over a dozen countries. “They’ll have to pay,” he repeated, making it clear that the US will not tolerate threats to its economic dominance. (PC: Reuters)
