Trump has warned that he will impose 100 per cent tariffs against countries of the BRICS bloc, of which India is a part, if they take any steps to replace the US dollar. BRICS, formed in 2009, is the only major international group of which the United States is not a part.

Explore India’s plans to counter U.S. tariffs, including increasing imports, retaliatory measures, and boosting domestic industries. Learn how these strategies can minimize economic impacts and protect key sectors like IT,

Newly inaugurated US President Donald Trump has announced plans to impose a 100% tariff on BRICS nations, including India, if they continue efforts to reduce the US dollar’s role in global trade. The move,

India's shares fell on Tuesday due to uncertainty over Donald Trump's plans for India after the U.S. President announced trade tariffs on neighbouring countries within hours of taking office.

During his election campaign, Donal Trump had said “tariff” is his “favourite word in the dictionary” and that he would use tariffs to boost domestic manufacturing in the US. In particular, he intends to target countries with whom the US has deep trade relations such as China,

India’s government is evaluating options ranging from a trade deal, cutting tariffs and importing more goods from the US if US President Donald Trump follows through with threatened trade action.

S O BEGINS Donald Trump’s tariff roller-coaster, sure to be a stomach-churning ride for the global economy. He started his first day in office with an unexpected show of restraint: rather than slapping hefty new tariffs on other countries,

Donald Trump said that the BRICS does not have a leverage on the United States, instead Washington holds a barrel over them.