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India ‘Will Have To Pay 10%’ Tariff: Trump Claims BRICS Trying To ‘Destroy Dollar’, Will Have To ‘Pay Big Price’

India ‘Will Have To Pay 10%’ Tariff: Trump Claims BRICS Trying To ‘Destroy Dollar’, Will Have To ‘Pay Big Price’

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Trump accused the BRICS alliance of trying to undermine the US dollar's global dominance, threatening consequences, including 10 per cent tariff on India. He asserted the dollar's importance and vowed to maintain its status.

United States President Donald Trump has accused the BRICS alliance — comprising Brazil, Russia, India, China, and South Africa — of attempting to weaken the US dollar’s global dominance. In sharp remarks made during a cabinet meeting in Washington on Tuesday, Trump said, “They (India) have to pay 10 per cent if they’re in BRICS because BRICS was set up to hurt us; BRICS was set up to degenerate our dollar.”

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