President-elect Donald Trump has once again asserted his stance on imposing tariffs, this time targeting the BRICS nations in the weeks leading up to his inauguration. He specifically warned these major economies of facing 100% tariffs if they were to introduce a new currency or replace the US dollar.
India, a key member of BRICS, has been singled out by Trump for its trading practices. Despite the strained trade relations, Trump shares a warm relationship with Indian Prime Minister Narendra Modi, which could work in India's favor during his second term.
