Trump’s Tariff Threat To BRICS: Legal And Economic Implications

Donald Trump’s threat to impose 100% tariffs on BRICS countries moving away from the US dollar remains uncertain, as it’s unclear if US laws allow such sanctions, says former RBI Governor Duvvuri Subbarao. He also highlights internal disagreements within BRICS on creating a common currency, noting that economic and political factors make the idea unfeasible, particularly for India and China.