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Trump Sends New Warning to China-Led Bloc Over US Dollar
Donald Trump Sends New Warning to China-Led Bloc Over US Dollar
Trump issued a stern warning to China over its BRICS bloc ambitions in a Truth Social post on Saturday afternoon.
Trump threatens 100% tariff on the BRIC bloc of nations if they act to undermine US dollar
His threat was directed at countries in the so-called BRIC alliance, which consists of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and the United Arab Emirates.
Trump warns BRICS nations against replacing US dollar
U.S. President-elect Donald Trump on Saturday demanded that BRICS member countries commit to not creating a new currency or supporting another currency that would replace the United States dollar or face 100% tariffs.
1d
on MSN
Gold gains on softer US dollar, geopolitical concerns; set for weekly fall
Gold prices rose on Friday, helped by a slight dip in the U.S. dollar and growing geopolitical tension, but remained on track ...
8d
How China Could Weaken the US Dollar
China has shown it can "operate as an alternative manager of dollar liquidity right in the heart of the petrodollar system," ...
8d
Stock market today: Indexes rise and dollar gains as stock investors head for a winning week
Earnings season mostly wrapped up this week, capped off by Nvidia's results. The dollar, meanwhile, continued to rise, ...
3d
Gold trims gains on US inflation data, finds support in softer dollar
Gold rose on Wednesday, rebounding from an over one-week low hit in the previous session, on a weaker dollar, but trimmed ...
2d
on MSN
'Panic' in Russia as rouble slips to symbolic mark against US dollar
The Russian currency has lost a third of its value since August as sanctions following the invasion of Ukraine bite, but ...
2d
US Dollar seeks direction amid thin liquidity as US markets remain closed
The US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, trades near 106.00 on Thursday, tilted higher by the US Dollar (USD) strength. Thin liquidity is expected ...
Business Times
1d
Dollar sees biggest weekly drop in a year as Trump trade stalls
THE US dollar is heading for the biggest weekly loss in a year, pulling back from the sharp run up fueled by speculation that ...
1d
China's Kaisa Group to issue US dollar-denominated mandatory convertible bonds, senior notes
China-based property developer Kaisa Group said on Friday it would issue a combination of U.S. dollar-denominated senior ...
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