As US President Donald Trump revved up his tariff threat against Brics, Brazil and India responded with a show of unity as they vowed to triple bilateral trade during Indian Prime Minister Narendra Modi’s state visit to Brasilia on Tuesday.
Describing the US dollar as the “king”, Trump on Tuesday claimed that Brics was set up to hurt the US and “degenerate” the dollar. He added that Brics nations, including India and Brazil, would “have to pay 10 per cent if they’re in Brics”.
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