US President Trump threatens BRICS with 10% tariffs again, says ‘dollar is king’

News Snapshot:

In his latest threat against the BRICS nations, US President Donald Trump on Tuesday reiterated his warning that members of the bloc would be hit with a 10 per cent tariff. Responding to a question during a meeting of his Cabinet, the US President said the coalition was set up to “degenerate” and “destroy” the dollar “so that another country can take over and be the standard”. “And that’s OK if they want to play that game, but I can play that game too. So, anybody that’s in BRICS is getting a 10 per cent charge… If they are a...