Trump, BRICS and tariffs
Digest more
President Trump and Congress are threatening harsh sanctions against Moscow for its three-year war in Ukraine.
The U.S. president has threatened a 10 percent tariff on any country aligned with the BRICS bloc, a potential blow to Russia.
13h
MiBolsilloColombia on MSNTariffs 'Not 100% Firm': Trump's Strategy Sparks Global BRICS FuryPresident Donald Trump's administration has reignited global trade debates with its ambiguous tariff strategy, extending deadlines and provoking strong international reactions.
The truth is, he believed me 10%,' Trump said of the threat he made to Putin that he would bomb Moscow if Russia invaded Ukraine.
The letters listed a range of tariffs. Goods entering the U.S. from Japan, South Korea, Malaysia, Kazakhstan, and Tunisia will be subject to a 25 percent levy. There will be a 30 percent levy on South African and Bosnian goods, while imports from Indonesia will be subject to a 32 percent rate.
Hours after Pres. Trump railed against Vladimir Putin, saying "he’s very nice all the time, but it turns out to be meaningless," Russia unleashed more than 700 drones into Ukraine.