https://www.taxtmi.com/news?id=48817 President Donald Trump announced an imminent ten percent tariff on countries that are members of or align with the BRICS grouping, describing the levy as a punitive trade response to what he characterized as efforts to "degenerate" the U.S. dollar and displace it as the global standard. The announcement frames the tariff as a deterrent against political and economic alignment with BRICS, signals executive intent to implement the charge soon, and ties the measure to preserving the dollar's primacy and the broader international monetary order. en-us Tue, 08 Jul 2025 23:31:03 +0530 Tue, 08 Jul 2025 23:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=48817 President Donald Trump announced an imminent ten percent tariff on countries that are members of or align with the BRICS grouping, describing the levy as a punitive trade response to what he characterized as efforts to "degenerate" the U.S. dollar and displace it as the global standard. The announcement frames the tariff as a deterrent against political and economic alignment with BRICS, signals executive intent to implement the charge soon, and ties the measure to preserving the dollar's primacy and the broader international monetary order. News - Tue, 08 Jul 2025 23:31:03 +0530 https://www.taxtmi.com/news?id=48817