https://www.taxtmi.com/news?id=49945 U.S. leadership threatened reciprocal tariffs on countries participating in BRICS efforts to challenge the dollar's global dominance, citing protection of the dollar's reserve status as the rationale and reiterating a proposed ten percent tariff; the BRICS declaration condemned such unilateral tariff hikes as inconsistent with World Trade Organization rules. Concurrently, the U.S. and India completed a fifth round of negotiations toward a bilateral trade agreement, seeking an interim deal before expiration of a tariff suspension period. en-us Sat, 19 Jul 2025 22:01:04 +0530 Sat, 19 Jul 2025 22:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=49945 U.S. leadership threatened reciprocal tariffs on countries participating in BRICS efforts to challenge the dollar's global dominance, citing protection of the dollar's reserve status as the rationale and reiterating a proposed ten percent tariff; the BRICS declaration condemned such unilateral tariff hikes as inconsistent with World Trade Organization rules. Concurrently, the U.S. and India completed a fifth round of negotiations toward a bilateral trade agreement, seeking an interim deal before expiration of a tariff suspension period. News - Sat, 19 Jul 2025 22:01:04 +0530 https://www.taxtmi.com/news?id=49945