New York/Washington | US President Donald Trump has threatened to impose an additional 10 per cent tariff 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 per cent 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
You may also like
K'taka truckers halt delivery under Anna Bhagya Scheme, demand release of Rs 250 crore pending bills
Poundland confirms closing date for another store after being sold for £1
Fintechs must curb fraud with AI use, ensure financial inclusion: DFS Secretary
Diogo Jota's ex-Wolves teammate pays emotional tribute before lifting major trophy
English breakfast tea will 'brew properly' and 'taste better' if you use saucer method