Press secretary of the President of Russia Dmitry Peskov confirmed that so far there is no talk of creating a common currency within the BRICS association. TASS informs about this today, January 31.

Kremlin spokesperson Dmitry Peskov clarified that BRICS, of which Russia is a member, was not considering the creation of a shared currency but was instead focused on developing joint investment platforms.

The Kremlin on Friday noted a repeat threat by U.S. President Donald Trump to impose tariffs on the BRICS grouping of countries if it created its own

US President Donald Trump has fired a shot across the bow of the BRICS alliance, threatening to impose a sweeping 100 per cent tariff on any country attempting to undermine the US Dollar.

Shri Shri Donald J. Trump, the 47th president of the USA, has been on a loop yelling ‘tariffs’ from the rooftop and basement ever since his re-election campaign.

United States President Donald Trump on Friday reiterated his threat to impose 100% import tariffs on BRICS countries if they moved towards reducing reliance on the US dollar in global trade, reported The Indian Express. In a post on Truth Social, Trump said the US “will not stand idly by” while BRICS countries develop an alternative currency.

Government should rise to the occasion and prove that the country is not finished on the global scene, writes Monday Philips EKPE

The BRICS group of emerging-market powers — the acronym stands for Brazil, Russia, India, China and South Africa — has gone from a slogan dreamed up at an investment bank two decades ago to a real-world club that controls a multilateral lender.

President Trump vowed to impose tariffs of up to 100 percent on countries that back a new reserve currency among the BRICS countries, a group that includes Russia and China. Trump’s Truth Social post on Thursday reiterated threats he made in late November,

In a statement on Truth Social Thursday, Trump reiterated a threat from November 2024, pledging to impose 100 per cent tariffs on any BRICS country that seeks to challenge the dollar's dominance

President Donald Trump threatened another 10 nations with tariffs as he prepares to hit Canada and Mexico with increases.