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Rumors of Trump’s Tariffs on BRICS: Markets Remain Stable

Rumors of Trump’s Tariffs on BRICS: Markets Remain Stable

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by Giorgi Kostiuk

5 hours ago


Recent rumors suggesting that U.S. President Donald Trump announced tariffs on countries aligned with BRICS have no evidence to support them. Official sources from both Trump and the U.S. government deny these claims.

Unverified Tariff Rumors

Rumors circulated on social media regarding a post by Trump indicating a 10% tariff on countries following BRICS policies. However, searches through official channels of Trump and the U.S. government found no confirmation of this statement. Checks on Truth Social and Twitter confirmed the absence of the alleged message.

Market Stability and Cryptocurrency

Without any concrete announcements, the financial market remains stable. Cryptocurrency markets, including BTC and ETH, show normal trading patterns unaffected by this rumor. On-chain data and major financial authorities do not reflect any tariff changes linked to BRICS.

Bitcoin Market Under Speculative Conditions

Bitcoin is currently trading at $109,492.77, with a market cap of $2.18 trillion. Bitcoin's market dominance stands at 64.45%, and trading volume reached $38.58 billion. There is a 1.21% increase observed over 24 hours, with steady growth over the past 90 days. Historically, tariff announcements from the U.S. government significantly impact markets, unlike this unverified rumor.

In conclusion, the lack of official statements regarding tariffs on BRICS countries maintains the current state of markets and cryptocurrencies. Speculations without confirmations remain just rumors, and anticipated financial changes do not manifest.

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