US President Donald Trump’s renewed threat of imposing 100% tariffs on BRICS nations in a calculated response to the bloc’s growing efforts to challenge the dominance of the US dollar in global trade.

Spain has a meagre contribution to NATO and as a consequence, it could face 100% tariffs from the US, according to President Donald Trump, who unfortunately confused it with a BRICS country. When a journalist asked what would happen to NATO countries that do not meet the 2% spending target, Trump replied that Spain's contribution is "very low."

In a bold statement soon after becoming the 47th President of the United States, Donald Trump threatened to impose 100% tariffs on India and the other BRICS countries if they didn’t continue to lessen their reliance on the U.

BRICS, formed in 2009, is the only major international group of which the United States is not a part. BRICS consists of ten countries- Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia,

President Donald Trump threatens 100% tariffs on BRICS nations over potential 'de-dollarisation' efforts. India balances ties with the US and BRICS while ensuring its economic and strategic interests are preserved.

After US President Donald Trump confused Spain with a member of the BRICS bloc, a spokesperson for the Spanish government responded, saying she was unsure why Trump made the comment. Trump erroneously said Spain was in BRICS when a journalist asked him on Monday about NATO countries like Spain which don't meet the NATO minimum of spending 2 percent of economic output on defense.

U.S. president Donald Trump has apparently confused Spain for a member of the BRICS bloc of developing economies, causing some head-scratching and jitters over possible tariffs in Madrid

Donald Trump has officially begun his presidency in the United States. After his inauguration, the politician signed several urgent decrees. During this task, Trump made a notable error. The new occupant of the White House mistakenly included Spain in the BRICS countries.

Donald Trump has officially begun his presidency in the United States. After his inauguration, the politician signed several urgent executive orders. During this task, Trump made a significant error.