President Donald Trump has threatened 10% tariffs on BRICS members—Brazil, Russia, India, China, and South Africa—for attempting to challenge the dollar's dominance. The BRICS nations criticized the unilateral tariff as inconsistent with WTO rules.

President Donald Trump may have expected a Russian shudder of fear to greet his threat of “very severe tariffs” on the country if it didn’t agree a ceasefire in Ukraine.

US President Donald Trump’s latest threat of 100% tariffs on Russia would risk complicating relations with two nations crucial to his economic and strategic goals: China and India.Trump on Monday threatened tariffs of about 100% on Russia unless it reached a peace deal with Ukraine in the next 50 days,