The Kremlin on Friday brushed off a repeat threat by U.S. President Donald Trump to impose tariffs on the BRICS grouping of countries if it created its own currency, saying there was no such plan.

President Trump warned of new tariffs on China, Canada, and Mexico as soon as February 1. Here's where his trade plans stand as the deadline nears.

President Donald Trump attempted to renew his threat against a bloc of nine nations in case they tried to undermine the US dollar.

U.S. president Donald Trump has apparently confused Spain for a member of the BRICS bloc of developing economies, causing some head-scratching and jitters over possible tariffs in Madrid.

US President Donald Trump has fired a shot across the bow of the BRICS alliance, threatening to impose a sweeping 100 per cent tariff on any country attempting to undermine the US Dollar.

Donald Trump stated that no currency would replace the US dollar and that any attempt would invite high tariffs

Kremlin spokesperson Dmitry Peskov clarified that BRICS, of which Russia is a member, was not considering the creation of a shared currency but was instead focused on developing joint investment platforms.

President Donald Trump has issued a warning to Brics nations about facing 100 percent tariffs if they attempt to replace the US dollar with another cu

The grouping does not have a common currency, but long-running discussions on the subject have gained some momentum.

Congress MP Shashi Tharoor said that US President Donald Trump’s threats to impose tariffs on BRICS nations “seem empty” as there is no plan to introduce an alternative currency to the US dollar. He said that there is no serious proposal for the BRICS to come up with an

The Pound Sterling trades sideways against the US Dollar above 1.2400 as investors focus on the US PCE inflation data for December. President Trump’s tariff threats on BRICS and its North American peers have increased USD’s safe-haven appeal.