Loading...
Market
First BRICS nation to reject Trump's tariff threat by end of 2025?
3
Resolution / Starting Odds
Brazil • 25%
Russia • 25%
India • 25%
China • 25%
Official statements from BRICS nations or credible news sources reporting on diplomatic stances
Story
Kremlin's Dmitry Peskov Rejects Trump's 100% Tariff Threat to BRICS Nations Over Currency
Dec 2, 2024, 12:47 PM
The Kremlin has responded to U.S. President-elect Donald Trump's recent threat to impose 100% tariffs on BRICS nations if they establish an alternative currency to the U.S. dollar. Kremlin spokesman Dmitry Peskov dismissed the threat, stating that any attempts to force the use of the dollar would ultimately backfire. Additionally, South Africa's representatives indicated that BRICS has no plans to create a new currency, further underscoring the group's stance against U.S. pressure. This exchange highlights ongoing tensions regarding the dominance of the U.S. dollar in global trade and finance.
View original story
Similar markets
China • 20%
India • 20%
Russia • 20%
Brazil • 20%
South Africa • 20%
China • 20%
Russia • 20%
South Africa • 20%
Brazil • 20%
India • 20%
Russia • 20%
China • 20%
South Africa • 20%
Brazil • 20%
India • 20%
Brazil • 25%
China • 25%
India • 25%
Russia • 25%
Brazil • 25%
Russia • 25%
India • 25%
China • 25%
Agree to not pursue new currency • 25%
No official response • 25%
Negotiate with the U.S. • 25%
Proceed with new currency plans • 25%
Russia • 20%
India • 20%
Brazil • 20%
South Africa • 20%
China • 20%
India • 25%
Russia • 25%
Brazil • 25%
China • 25%
Proceed with de-dollarization • 25%
Negotiate with the US • 25%
Seek alternative alliances • 25%
No official response • 25%
Russia • 20%
South Africa • 20%
India • 20%
China • 20%
Brazil • 20%
Russia • 20%
China • 20%
South Africa • 20%
India • 20%
Brazil • 20%
No significant action • 25%
Retaliatory tariffs • 25%
Diplomatic negotiations • 25%
Other • 25%