Funding & Business
Trump Threatens 10% Tariff on BRICS-Aligned Nation
President Trump has said he would put an additional 10% tariff on any country aligning themselves with “the Anti-American policies of BRICS.”
Speaking to Bloomberg’s Insight with Haslinda Amin, Indian School of Business Professor Nirmalya Kumar says countries should wait and watch to see if the President’s latest threat will actually materialize. (Source: Bloomberg)
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Iraq will be self-sufficient in gasoline production this year and aims to be an exporter of surplus oil products on completion of its refinery-expansion projects, according to Prime Minister Mohammed Shia Al-Sudani.
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BMO Capital Markets Senior Economist Jennifer Lee looks at the different challenges facing the global economy and the threat they pose to growth. She spoke on July 4, 2025. (Source: Bloomberg)
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A New Jersey school district will likely avoid filing for bankruptcy after the state passed a budget that raised property taxes.
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