Trump’s Alleged BRICS Tariff Statement Proven Unfounded

Rumors circulated suggesting U.S. President Trump announced tariffs on BRICS-aligned countries, but no evidence supports this claim.

The alleged statement lacks verification. No confirmed market reactions or official U.S. notifications exist.

Unverified Tariff Rumors Leave Markets Stable

Rumors alleged a social media post by U.S. President Trump indicating a 10% tariff on countries aligning with BRICS policies. Official channels from both Trump and the U.S. government show no such statement. Checks on Truth Social and Twitter confirm absence of the alleged message.

The market’s stability remains unchanged without any concrete announcement to affect the financial landscape. Cryptocurrency markets like BTC and ETH exhibit normal trading patterns, unaffected by this rumor. On-chain and major financial authorities do not reflect any tariff adjustments linked to BRICS.

While initial reports surfaced online, there remain no reactions from key U.S. officials or major crypto industry KOLs to substantiate these claims. No official documentation exists confirming the tariffs or any financial market impact attributed to it, thus maintaining typical market conditions.

Bitcoin Resilience amid Unfounded Tariff Speculation

Did you know? Past U.S. tariff announcements consistently sourced from official communications always impact markets significantly, unlike this unverified rumor with no corroborating evidence.

Bitcoin currently trades at $109,492.77, reflecting a market cap of $2.18 trillion. Market dominance stands at 64.45%, with trading volume reaching $38.58 billion, showing a 27.33% change. Recent movements see a 1.21% increase over 24 hours, with steady growth over 90 days.

Insights from Coincu’s team indicate the scenario holds minimal risk to markets given the absence of an official policy change. Historically, trade-related adjustments cause immediate impact, but without confirmation, potential financial shifts remain highly speculative.