President Donald Trump on Monday mistakenly identified Spain as a member of the BRICS bloc, a group comprising Brazil, Russia, India, China and South Africa. The comment caused confusion in Madrid and raised concerns about potential tariffs.

Amid a series of executive orders, President Trump warned of 100% tariffs on Brics nations if trade remains unbalanced, incorrectly mentioned Spain as

In his remarks after the inaugural address, President Trump threatened BRICS nations with 100% tariffs if they pursue de-dollarisation efforts.

While signing executive orders in the Oval Office, President Donald Trump was asked by a reporter what “can you expect” from countries in NATO that “spend the least amount,” including France and Spain.

U.S. President Donald Trump has reiterated threats to impose 100% tariffs if BRICS Nations proceed with de-dollarization efforts. Russian Senator Vladimir Dzhabarov has questioned whether

Countries that are a part of BRICS would face 100 per cent tariffs on trade with the US if they continue their de-dollarisation efforts, US President Donald Trump said while signing a slew of executive orders hours after taking office.

Spain is not in the bloc of nations known as Brics, which is an acronym for Brazil, Russia, India, China and South Africa.