Trump said he'll put a 100% tariff on countries that give up the dollar. That could backfire.
The US can't reduce its trade deficit and increase the global dominance of the dollar at the same time, said an economist.
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,
Stock Futures Falling Amid Fresh Trump Tariff Threats
U.S. stock futures were pointing to small losses on the first trading day of December. After a strong November, talk of tariffs is likely to be in focus ahead of key jobs data later in the week. Dow Jones Industrial Average futures were down 96 points,
Philippines Tweaks 2025 Growth Outlook on Trump’s Tariff Threat
The Philippines widened its projected growth range for next year, citing uncertainties over US President-elect Donald Trump’s trade policy that could mean “high tariffs everywhere.”
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.
What are tariffs? How Trump's tariff plan would work, who pays them, and how they could affect prices
Donald Trump's tariff plan would affect products from Canada, Mexico, and China. Here's what to know about tariffs, who pays them, and how they work.
Trump threatens BRICS nations with 100 percent tariff
Trump also said: "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."
Donald Trump's Tariff Threat Could Devastate Texas
Economists have warned Donald Trump 's plan to impose a 25 percent tariff on all products entering the United States from Mexico and Canada could have a dramatic impact on the economy of Texas, with one predicting it would cost 370,000 jobs in the Lone Star State.
Trump, Trudeau meet at Mar-a-Lago amid tariff threats
Canadian Prime Minister Justin Trudeau met with Donald Trump Friday night at the president-elect's Mar-a-Lago resort. Speaking to reporters outside his hotel in West Palm Beach, Florida, on Saturday morning, Trudeau said his conversation with Trump was "excellent" but did not respond to any additional questions.
Dollar Rises After Trump Warns of Tariffs Against BRICS
The dollar rose after Donald Trump threatened to impose 100% tariffs against so-called BRICS countries if they create a new currency to rival the dollar.
Republican Strategist Calls Donald Trump's Bluff on Tariffs
Susan Del Percio advised those wary of President-elect Donald Trump's tariff plan not to worry about it being enforced.
From beer to barley: How Trump’s tariff threat could affect your wallet
Donald Trump’s threat to hit Mexico with tariffs could raise prices on a surprising number of foods and drinks Americans love ...
Trump Tariff Talk to Put Pressure on Central Bankers
There are plenty of Federal Reserve speakers this week. The market will be listening for any comments on how President-elect ...
Ali Velshi: Trump’s new tariff threat ‘isn’t the way’ to change global trade
Trump is now threatening 100% tariffs on BRICS nations, should they move away from trading with the American dollar. Ali ...
GOP Sen. Bill Hagerty says access to the U.S. economy is a 'privilege' amid Trump tariff threats
Tenn., on Sunday said he is supportive of President-elect Donald Trump's plans to impose tariffs on a number of nations, ...
Cruz defends Trump tariff plan: Threat ‘immediately’ produced action
Texas Sen. Ted Cruz (R) defended President-elect Trump’s threat to impose steep 25 percent tariffs on all goods from Canada ...
Experts: Tariff threat from Trump would increase costs of Spokane homes
Threats by President-elect Donald Trump to impose sweeping new tariffs on the United States' top trading partners are revving up an old trade war that has pitted Washington, Oregon and Idaho foresters ...