Trump threatens 100% tariff on Brics nations if they try to replace dollar

--:--
GUEST – Prof Patrick Bond - Political economist

US President-elect Donald Trump has threatened to impose 100% tariffs on a bloc of nine nations if they were to create a rival currency to the US dollar.

"The idea that the BRICS Countries are trying to move away from the Dollar while we stand by and watch is OVER," Trump wrote on social media on Saturday.
2 Dec 1PM English South Africa Business News · Investing

Other recent episodes

Consumers show signs of financial recovery with easing inflation and I interest rates.

GUEST – Jaco van Jaarsveldt, Head of Commercial Strategy and Innovation at Experian Despite ongoing financial pressures, South African consumers are showing signs of optimism. Experian’s Q3 2024 Consumer Default Index (CDIx) reveals a record high appetite for credit, coupled with a slight improvement in the overall default rate, suggesting…
3 Dec 5PM 12 min

SA's economy shrinks in third quarter

GUEST – Joe De Beer – DDG responsible for economic statistics at STATS SA The South African economy unexpectedly contracted by 0.3% from the second to the third quarter this year. Economists polled by Reuters expected growth of 0.5%. In the third quarter, the economy was only 0.3% larger than…
3 Dec 4PM 10 min

ITS MY HOUSE: SA homeowners prefer buying solo

GUEST – Hayley Ivins-Downes, Managing Executive Real Estate at Lightstone Homeowners prefer buying houses on their own rather than in partnership with others or through a company or trust – although trusts and other non-natural buyers are popular in the higher price bands. Hayley Ivins-Downes, Managing Executive Real Estate at…
3 Dec 4PM 16 min