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US President-elect Donald Trump threatened to levy 100% tariffs on BRICS -- a China- and Russia-led group of nations with emerging economies -- if the countries decide to issue their own currency.

We require a commitment from these Countries that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty U.S. Dollar or, they will face 100% Tariffs, and ...

It's also unlikely that the BRICS members want to eventually move toward a fully-traded currency, like the dollar or euro. The euro took more than 40 years to come into being, from when it was ...

President-elect Donald Trump on Nov. 30 threatened to slap a 100% tariff on a group of nine nations — the so-called BRICS — if they try to replace the U.S. dollar with another currency.

1,000 Bulgarian Nationalists Protest Against Government Plans to Adopt Euro Currency SOFIA, Bulgaria (AP) — Police in Bulgaria’s capital clashed with nationalist protesters Saturday who ...

President-elect Donald Trump said he would require countries that are part of BRICS — a China- and Russia-backed group of emerging economies — to commit to not creating new currency or face ...