President Trump vowed to impose tariffs of up to 100 percent on countries that back a new reserve currency among the BRICS countries, a group that includes Russia and China. Trump’s Truth Social ...

The US president wrote on the social media platform: “The idea that the Brics countries are trying to move away from the dollar, while we stand by and watch, is over.” Mr Trump, who has ...

China could step in to ease the pain of any potential U.S. trade measures against BRICS members, according to David Lubin, senior research fellow at Chatham House. Trump's tariff threat is ...

MOSCOW, Jan 31 (Reuters) - The Kremlin on Friday brushed off a repeat threat by U.S. President Donald Trump to impose tariffs on the BRICS grouping of countries if it created its own currency ...

Trump responded by claiming incorrectly that Spain is actually in another alliance, the economic consortium known as BRICS, which stands for Brazil, Russia, India, China and South Africa (the ...

Spain is not in BRICS, whose initials stand for Brazil, Russia, India, China and South Africa. Spain is a member of NATO, along with the U.S., and of the European Union.