U.S. president Donald Trump has apparently confused Spain for a member of the BRICS bloc of developing economies, causing some head-scratching and jitters over possible tariffs in Madrid.

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.

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

After being sworn in as the 47th US President, Donald Trump met reporters in the Oval Office while signing executive orders where he made this erroneous claim.

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.

US President Donald Trump’s renewed threat of imposing 100% tariffs on BRICS nations in a calculated response to the bloc’s growing efforts to challenge the dominance of the US dollar in global trade.