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 in tariffs without naming Trump. Leaders of the BRICS are meeting in Brazil for the 17th BRICS Summit on July 6-7.
“Any Country aligning itself 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.
The original BRICS group gathered leaders from Brazil, Russia, India, and China at its first summit in 2009. The bloc later added South Africa and last year included Egypt, Ethiopia, Indonesia, Iran, Saudi Arabia, and the United Arab Emirates and Indonesia as members.
Earlier, BRICS extended symbolic support to fellow member Iran, denouncing a series of military strikes by Israel and the United States on nuclear and other strategic sites.
BRICS condemns Pahalgam attack, violence in Gaza and Iran, slams Trump tariffs and call for global reform: Key points”> BRICS condemns Pahalgam attack, violence in Gaza and Iran, slams Trump tariffs and call for global reform: Key points
In April, President Trump had threatened both allies and adversaries with a wave of punitive tariffs, but later granted a reprieve following sharp market reactions and a significant sell-off.
Trump has warned he will impose unilateral levies on partners unless they reach “deals” by August 1.
In an apparent concession to US allies such as Brazil, India, and Saudi Arabia, the summit declaration did not criticize the United States or its president by name at any point.
