Trump's BRICS Tariff Threat Dismissed by Kremlin: No Plans for Common Currency

Kremlin brushes off U.S. President Donald Trump's renewed threat to impose 100% tariffs on BRICS nations if they come up with their own currency. Kremlin spokesperson Dmitry Peskov explained that BRICS has no intention of developing a common currency as the group is only focused on developing common platforms for investment. Peskov recommended that U.S. experts explain the BRICS agenda to Trump so he doesn't get confused. The statement arrives while Trump reaffirms commitment to the dominance of the American dollar globally.
Source: Reuters