Tariffs, Tensions & the Dollar: Trump’s Economic Showdown with BRICS
By Annunthra Rangan As geopolitical tensions mount, US President Donald Trump has threatened to impose 100 percent tariffs on countries that challenge the US dollar’s global dominance—chief among them the BRICS bloc: Brazil, Russia, India, China, and South Africa, as well as recent additions Egypt, Ethiopia, and Iran. Though intended to deter de-dollarization, such tariffs…
