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BusinessDec 02, 2024 01:16 PM

Trump's 100 per cent tariff threat on BRICS: Need to see if US law permits sanctions, says Ex-RBI Gu...

Hyderabad: President-elect Donald Trump's warning that BRICS countries will face 100 per cent tariffs if they choose to move away from the US dollar is unclear to what extent he will carry out his threat, as it remains to be seen if the US law permits such an action, former RBI Governor Duvvuri Subbarao said on Monday. He also said even for BRICS, there are internal differences about bringing out an alternative to the US Dollar. The nine-member group that includes India, Russia, China, and Brazi ...Read More >

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