-
The BRICS bloc is growing — and Trump's tariff threat isn't expected to put off aspiring members
President-elect Donald Trump has pledged a 100% tariff against BRICS nations if they continue to undermine the U.S. dollar — but the threat won’t rein in the group’s expansion, analysts tell CNBC. Most recently, Brazil announced Indonesia’s admittance into the bloc as a member last Monday. Under outgoing President Joe Biden’s administration, Washington has been relatively dismissive of the 10-member coalition, with White House National Security Communications Advisor John Kirby saying during a press briefing last October that the U.S. does not view BRICS — an economic coalition of emerging markets — as ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Jan 17, 2025 6:27am Jan 17, 2025 6:27am
- BaliBoyz80
- | Joined Mar 2020 | Status: Member | 874 Comments
- Comment #2
- Quote
- Jan 17, 2025 7:33am Jan 17, 2025 7:33am
- Bakker
- Joined Jun 2011 | Status: Trader | 3325 Comments
- Comment #3
- Quote
- Jan 17, 2025 2:14pm Jan 17, 2025 2:14pm
-
BillyIdol
- Joined Feb 2023 | Status: Member | 264 Comments