South African Rand Slumps After Trump’s Tariff Threat On BRICS-aligned Countries

South Africa’s rand fell on Monday as markets reacted to U.S. President Donald Trump’s threat to impose additional tariffs on BRICS-aligned countries, while also awaiting updates on country-specific levies ahead of Washington’s looming July 9 deadline. Trump said on Sunday in a post on Truth Social that countries aligning themselves with what he called the…

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Trump Critical Of Spain’s Defence Spending Ahead Of NATO Summit

U.S. President Donald Trump on Tuesday expressed his dissatisfaction with Spain’s comparatively low military expenditure before his arrival at the NATO summit in The Hague. Trump told journalists on the flight from Washington to Europe that Spain’s defence spending was “unfair” to the others. Trump also posted a chart depicting defence expenditure by NATO allies…

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