Trump threatens 100% tariff on BRICS countries if they pursue creating new currency
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 100% tariffs during his administration.
Trump tariffs threaten to crack open North American economies
President-elect Trump’s pledge to impose tariffs on Mexico and Canada threatens to upend decades of North American integration, a bumpy process that’s recast the two U.S. neighbors
What's Behind Trump's De-Dollarization Tariff Threats
President-elect Donald Trump railed on social media over the weekend against a group of emerging economies for their attempts to circumvent the dollar. While markets mostly took Trump's words in stride,
Why Trump’s tariff plans could lead to higher interest rates
President-elect Donald Trump’s promise to impose stiff tariffs against America’s three biggest trading partners is widely expected to push prices higher, which would set the stage for the Federal Reserve to stop cutting interest rates and possibly raise them instead.
Trump threatens ‘100% Tariffs’ on countries that buck US dollar
They can go find another ‘sucker!’ There is no chance that the BRICS will replace the U.S. Dollar in International Trade, and any Country that tries should wave goodbye to America.”
Trump threatens ‘100% tariffs’ on countries that try to replace the US dollar
President-elect Donald Trump has issued a threat to countries that may try to undervalue the US dollar, saying that if they do so, he will levy 100% tariffs against them.
An overhyped US market is stoking the 'mother of all bubbles,' market expert says
"Thoroughly dominating the mind space of global investors, America is over-owned, overvalued and overhyped to a degree never ...
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Trump's hollow threat: How BRICS sidelined ‘wonderful economies' over time
The nine BRICS economies together constituted 35.8 per cent of the global GDP based on purchasing power parity in 2023.
16 Fastest Declining Economies in the World in 2024
The global economy is expected to grow at 3.2% and 2.7% in 2024 according to the IMF and UNCTAD, respectively.
An Economic Model That Moves Beyond G.D.P.
So Ms. Raworth redrew an economic model that looks like a doughnut. The doughy ring represents a system in which humans and ...
China and Russia Lead Wage Recovery While Rich Economies Lag Behind, UN Says
In its annual survey of wage developments, the UN said real wages are growing again, but remain below their prepandemic ...
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G20 Economies Should Target Reforms to Boost Medium-Term Growth Prospects
Improving fiscal policy frameworks, fostering education and skills, and supporting the green transition can help ensure strong, sustainable, balanced, and inclusive growth ...