Skip to Main content

16.32°^C Vancouver

News Entertainment Videos Shows Podcast Contact Us

Dec 2, 2024 1:07 PM - Connect Newsroom

Trump vows 100% tariff on BRICS bloc if dollar countered with new currency

Share On

trump-vows-100-tariff-on-brics-bloc-if-dollar-countered-with-new-currency

BRICS, formed in 2009, is the only major international group of which the US is not a part. Its members are India, Russia, China, Brazil, South Africa, Iran, Egypt, Ethiopia and the UAE.(Photo: The Canadian Press)

US President-elect Donald Trump has threatened BRICS countries of 100 per cent tariffs if they try to “move away from the US dollar and carry out international trade using a separate BRICS currency”.

In a post on X, Trump said, “The idea that the BRICS countries are trying to move away from the dollar while we stand by and watch is over. India, China, Russia, Brazil and South Africa are the key partners of BRICS.”

“We require a commitment from these countries that they will neither create a new BRICS currency nor back any other currency to replace the mighty US dollar or they will face 100% tariffs and should expect to say goodbye to selling (goods) to the wonderful US economy,” Trump warned.

“There is no chance that BRICS will replace the US dollar in international trade and any country that tries it should wave goodbye to America,” he added.

BRICS, formed in 2009, is the only major international group of which the US is not a part. Its members are India, Russia, China, Brazil, South Africa, Iran, Egypt, Ethiopia and the UAE. For the past few years, Russia and China have been seeking an alternative to the US dollar or creating a BRICS currency.

Latest news

some-residents-may-remain-in-b-c-landslide-evacuation-zone-after-road-access-cut

Some residents may remain in B.C. landslide evacuation zone after road access cut

Some residents may still be inside an evacuation zone in northeastern British Columbia after road access was closed due to landslide risk, according to the Peace River Regional District. In a social media update, the regional district said a co-ordinated evacuation took place Monday night in the community of Old Fort, about five kilometres south of Fort St. John, but some residents may not have left the area. Authorities are urging anyone still inside the zone to conserve supplies and stay away from the slide area. The district declared a state of local emergency and issued an evacuation order

afn-chief-asks-un-to-oppose-b-c-move-to-amend-indigenous-rights-law

AFN chief asks UN to oppose B.C. move to amend Indigenous rights law

The national chief of the Assembly of First Nations called on the United Nations on Tuesday to support First Nations leaders opposing proposed changes to British Columbia’s Indigenous rights law. Speaking at the UN Permanent Forum on Indigenous Issues, National Chief Cindy Woodhouse Nepinak said the province’s plan to amend or suspend parts of the Declaration on the Rights of Indigenous Peoples Act violates international standards. According to her remarks to the forum, First Nations rights are protected under international human rights law and “cannot be suspended, amended or paused by

drug-package-disguised-as-grass-patch-found-inside-mission-institution-rcmp-investigating

Drug package disguised as grass patch found inside Mission Institution, RCMP investigating

Corrections officers at Mission Institution in British Columbia’s Fraser Valley seized a package containing suspected drugs and contraband after it was discovered inside the prison grounds earlier this month, according to police. The RCMP said in a news release that staff located the package on April 9 after it had been dropped over the facility’s perimeter fence overnight. The parcel was disguised to resemble a patch of loose turf, with real cut grass attached to the outside of a bubble mailer to blend in with the surrounding ground. According to police, the package contained more than 30

federal-government-tables-bill-to-regulate-space-launches-from-canada

CanadaApr 21, 2026

Federal government tables bill to regulate space launches from Canada

The federal government has introduced legislation that would establish a regulatory framework for launching spacecraft from Canadian territory. Transport Minister Steven MacKinnon tabled the proposed Canadian Space Launch Act on Tuesday. According to a Transport Canada technical briefing, the legislation would give the federal government authority to oversee both launches and the re-entry of spacecraft. Officials said the proposed rules are intended to enable launches of satellites and rockets from within Canada, supporting both civilian and military applications. The framework would also set

surrey-memorial-expands-chemotherapy-capacity-with-six-new-treatment-chairs

Surrey Memorial expands chemotherapy capacity with six new treatment chairs

Surrey Memorial Hospital has added six new chemotherapy treatment chairs, bringing the total to 39, in an effort to address growing demand for cancer care in the region. According to health officials, the expansion will allow up to 420 additional patients to receive treatment each month. Dr. Sylvie Bourque, executive medical director at BC Cancer’s Surrey centre, said demand for chemotherapy services in Surrey continues to rise. She said the expanded capacity is expected to help the hospital meet a key target: starting first treatment for more than 90 per cent of patients within two weeks of

Related News

Eight children killed in Shreveport domestic shooting; suspect shot dead by police

Eight children killed in Shreveport domestic shooting; suspect shot dead by police

Eight children between the ages of one and 14 were killed in a shooting described by police as a domestic disturbance in Shreveport early Sunday, according to local authorities. Shreveport Police Chief Wayne Smith said officers responded around 6 a.m. to reports of gunfire and found multiple victims across three locations connected to the incident. A total of 10 people were shot, Smith said, with the eight children confirmed dead. Police said the suspected shooter fled the scene in a vehicle and was later fatally shot by officers following a pursuit. Authorities have not released the suspect?

7.4-magnitude earthquake off northern Japan prompts tsunami alert

7.4-magnitude earthquake off northern Japan prompts tsunami alert

A powerful offshore earthquake with a preliminary magnitude of 7.4 struck near Japan’s northern coast on Monday afternoon, prompting a tsunami alert for parts of the region. According to the Japan Meteorological Agency, the quake occurred at approximately 4:53 p.m. local time off the Sanriku coast, at a depth of about 10 kilometres beneath the seabed. Authorities issued a tsunami alert shortly after the tremor, warning of potentially hazardous sea-level changes along affected coastal areas. Public broadcaster NHK reported that waves of up to three metres could reach parts of the northeastern

Students abducted after gunmen attack passenger bus in central Nigeria

Students abducted after gunmen attack passenger bus in central Nigeria

Gunmen attacked a passenger bus in Nigeria’s Benue state on Thursday, abducting several students who were travelling to sit for university examinations, according to a statement from the state government. Benue Gov. Hyacinth Alia said the attack occurred along the Otukpo–Makurdi highway. The number of people taken has not been officially confirmed. Local media reports indicate there were 14 passengers on board at the time of the напад. “The targeting of innocent citizens, particularly students on their way to sit for examinations, is unacceptable and stands against every norm of hum

Legals

Journalism code of ethics

© 2021 AKASH Broadcasting Inc.

MANAGED BY STRATWIT

useful links

Accessibility Plan

BC Children's Hospital