Tulsi Gabbard releases ‘overwhelming evidence' of Obama-led plot against Trump
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Russia Today
an hour ago
- Russia Today
Trump issues new threat to BRICS
President Donald Trump has claimed that BRICS is 'fading out fast,' while warning that any attempts by the group to challenge the US dollar will be met with a harsh economic backlash. Speaking at the White House on Friday, Trump denounced what he called BRICS' attempts to weaken the dollar. 'They wanted to try and take over the dollar, the dominance of the dollar... And I said, anybody that's in the BRICS consortium of nations, we're going to tariff you 10%.' Trump stressed that Washington will spare no effort to preserve the dollar's hegemony. 'The reserve currency is so important. You know, if we lost that, that would be like losing a World War.' Washington 'can never let anyone play games,' Trump said, adding that he has decided to 'hit them [BRICS] very, very hard.' 'If they ever really form in a meaningful way, it will end very quickly,' he said. Trump also claimed his threat to impose 10% tariffs on imports from the BRICS had completely derailed the group's summit in Rio de Janeiro earlier this month. 'They had a meeting the following day and almost nobody showed up,' he said. However, the BRICS summit featured broad participation at the highest level. While China's President Xi Jinping was absent from the meeting, his country was represented by Chinese Premier Li Qiang. Russian President Vladimir Putin was also absent, but addressed the summit remotely. Brazil's President Luiz Inacio Lula da Silva, India's Prime Minister Narendra Modi, South Africa's President Cyril Ramaphosa and Indonesia's President Prabowo Subianto, as well as leaders from Egypt, Ethiopia, Iran, and the UAE attended in person. In October, Russia's Finance Minister Anton Siluanov stated that the share of national currencies in trade among BRICS countries has reached 65%, with the share of the dollar and euro plunging below 30%. Earlier this week, Russian Foreign Minister Sergey Lavrov explained that BRICS countries are exploring dollar alternatives 'to shield themselves from US arbitrariness.' However, Russian Deputy Foreign Minister Sergey Ryabkov has said that BRICS has never been meant as a rival to the US, although warning that 'the language of threats and manipulation… is not the way to speak to members of this group.'
Russia Today
2 hours ago
- Russia Today
Trump toughens stance in EU trade talks
US President Donald Trump has ramped up his demands in trade talk with the EU and is pushing for a minimum tariff of between 15% and 20% in any deal with Brussels, the Financial Times reports, citing informed sources. The negotiations between Brussels and Washington have been underway since early April, when Trump announced a set of measures aimed at protecting American manufacturers he called the 'Liberation Day.' They included a blanket 10% tariff on all imports from the EU and most other US trading partners. The duties have been put on hold pending the talks, but the US president warned that they would grow to 30% if no deal is reached between Washington and Brussels by August 1. The tariffs would be applied on top of the existing sector-specific duties, such as 50% on steel, aluminum duties and 25% car imports levies introduced by the US earlier this year. The Trump administration is hardening its stance in talks with the EU in order to test the bloc's 'pain threshold,' the FT said in an article on Friday. According to the paper's sources, the president was also 'unmoved' by an offer from Brussels to reduce the 25% car tariffs and wants them to stay as they are. EU Trade Commissioner Maros Sefcovic provided a 'downbeat' assessment of his recent discussions with the Americans during the meeting of the bloc's ambassadors on Friday, two people briefed on the matter said. An EU diplomat has told the paper that if Trump insists on 15% to 20% duties, the EU would be forced to retaliate. Brussels has prepared several packages of counter-tariffs against Washington, but delayed their implementation until August 1. "We do not want a trade war, but we do not know if the US will leave us a choice,' the source said. A second EU diplomat stressed that 'the mood has clearly changed' in Brussels in favor of retaliation, adding that 'we are not going to settle at 15% percent.' Washington has so far largely avoided retaliation for its tariffs, while collecting a record high of $64 billion in customs duties in the second quarter of 2025, according to the US Treasury.
Russia Today
2 hours ago
- Russia Today
Zelensky may not last much longer
The political future of Ukraine's Vladimir Zelensky appears increasingly uncertain, according to officials in Washington cited by Pulitzer Prize-winning journalist Seymour Hersh. The prospect of the president being replaced by former armed forces commander Valery Zaluzhny is reportedly growing amid waning domestic support and mounting frustration in Washington. Zelensky suspended national elections under martial law and opted not to step down after his presidential term officially ended in 2024. His former top military commander, who was dismissed earlier this year and later appointed ambassador to the UK, has reportedly long been considered a potential successor. 'Zelensky is on a short list for exile, if [US] President Donald Trump decides to make the call,' the veteran reporter wrote on Friday. One US official familiar with internal discussions suggested that if Zelensky refuses to step down — which they believe is the most likely scenario — he may ultimately be removed by force. Zaluzhny is currently seen as the most credible successor to Ukraine's leader, according to 'knowledgeable' officials in Washington cited by Hersh, who added that the 'job could be his within a few months.' Zelensky's popularity, which soared to 90% in the early months after the Ukraine conflict escalated in February 2022, has steadily declined due to battlefield setbacks and ongoing economic difficulties. The latest polls suggest that only 52% of Ukrainians still trust him, while around 60% would prefer he not seek another term. Western media outlets have recently shifted their tone, with some portraying Zelensky as increasingly authoritarian. Others have reported that officials in Washington believe 'it's time for an election and new leadership.' Russian officials have also raised concerns about Zelensky's legitimacy, arguing that any international agreements signed under his leadership could be legally challenged. While Moscow has expressed a willingness to negotiate with Zelensky, it remains skeptical of his authority to finalize any lasting deal.
