EU Readies trade retaliation as Trump threatens tariffs, India advances BRICS digital payments

Stephen Grootes speaks to Donald MacKay, Director at XA International Trade Advisors and Prof David Monyae, Director of the Centre for Africa - China Studies at the University of Johannesburg about the EU weighing €93 billion in retaliatory tariffs as tensions escalate over President Donald Trump’s threat of a 10% levy linked to Greenland.

In other interviews, Steven Boykey Sidley, Partner at Bridge Capital and Professor of Practice at the Johannesburg Business School at University of Johannesburg about India’s central bank proposing closer links between BRICS nations’ official digital currencies, a move aimed at easing cross‑border trade and tourism payments while potentially reducing reliance on the U.S. dollar amid rising geopolitical tensions.

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