Wednesday, July 9, 2025

Trump threatens additional 10% tariffs on nations backing BRICS’ anti-American stance

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US President Donald Trump has threatened to impose an additional 10% tariffs on countries aligning themselves with the “anti-American” policies of the BRICS grouping.His comments came after the BRICS bloc condemned the increase of tariffs without naming Trump. Leaders of the BRICS are meeting in Brazil for the 17th BRICS Summit on July 6-7.
“Any Country aligning themselves with the Anti-American policies of BRICS, will be charged an ADDITIONAL 10% Tariff. There will be no exceptions to this policy. Thank you for your attention to this matter!” Trump said in a post on Truth Social on Sunday night.
BRICS, originally comprising Brazil, Russia, India, China, and South Africa, expanded in 2024 to include Egypt, Ethiopia, Iran, and the United Arab Emirates, with Indonesia joining in 2025.Trump also said in a separate post that the US will send out “letters” on tariffs and deals to various countries beginning Monday.

“I am pleased to announce that the UNITED STATES TARIFF Letters, and/or Deals, with various Countries from around the World, will be delivered starting 12:00 PM (Eastern), Monday, July 7th. Thank you for your attention to this matter! DONALD J TRUMP, President of The United States of America,” he said.

Also Read: Dollar pinned near multi-year lows as Trump tariff deadline looms

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