Trump's 100% tariff threat on BRICS depends on whether U.S. laws would permit it, says ex-RBI governor

By our Special Correspondent

U.S. President-elect Donald Trump’s warning that BRICS countries will face 100% tariffs if they choose to move away from the U.S. dollar is unclear to what extent he will carry out his threat, as it remains to be seen if the U.S. laws permit such an action, former RBI Governor Duvvuri Subbarao said on Monday.