US EditionTrump Says BRICS-Aligned Countries to Face Additional 10% Tariffs
- On July 7, President Donald Trump announced the delivery of U.S. tariff letters or deals to various countries amid ongoing trade tensions.
- This action follows the upcoming expiration of a 90-day pause on country-specific tariffs set for August 1 and reflects pressure to finalize trade agreements.
- The announcement came amid the BRICS summit in Rio de Janeiro, where leaders condemned U.S. tariff policies and warned that rising tariffs threaten global trade.
- Trump declared that any nation supporting the BRICS coalition’s anti-American stance would face a supplementary 10% tariff, emphasizing that this measure would apply without exception.
- The imminent tariffs and trade deals suggest escalating tensions that may impact global economic output, as BRICS members represent 40 percent of the world economy and over half its population.
327 Articles
327 Articles
(Mexico City = Yonhap News) Correspondent Lee Jae-rim = The BRICS member countries, a group of non-Western emerging economies including Russia and China, are...
Trump Threatens Extra 10 % Tariff On BRICS Allies
Thinking about cozying up to BRICS? You might want to think again—at least if Donald Trump has his way. The U.S. president just announced a new 10% tariff on any country backing BRICS policies that clash with American interests. His message? Loud and clear: “There will be no exceptions.”This isn’t Trump’s first jab at the BRICS bloc—home to China, Russia, and India—but it’s certainly his most direct. What’s The Deadline?Countries now have until…
U.S. President Donald Trump warned this Sunday that he could put an additional 10% tariff on countries that align with the BRICS, whose leaders hold a meeting in Rio de Janeiro, from where they avoided clashing head-on with the president even if he was always present between the lines.
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