Trump Says BRICS Nations to Get 10% Tariff 'Pretty Soon'
RIO DE JANEIRO, BRAZIL, JUL 8 – Trump targets BRICS and aligned countries with 10% tariffs to counter what he calls anti-American policies, affecting nations representing 40% of global GDP, officials said.
- President Donald Trump announced at a Tuesday White House cabinet meeting that the US will impose a 10% tariff on imports from all BRICS nations, effective August 1, 2025.
- Trump justified the tariffs by asserting BRICS was created to undermine the US dollar’s global role and claimed past administrations allowed exploitation of the US economy.
- The BRICS group, which expanded last year to include members like Iran and Indonesia, recently held a summit in Rio de Janeiro featuring strategic cooperation discussions.
- Trump announced that members of BRICS would soon face a 10% tariff, emphasizing that all payments must be made promptly without any extensions.
- Brazil’s President Lula and other BRICS leaders rejected the tariff threats, while economic sectors tied to US trade face significant risks, urging urgent diversification.
45 Articles
45 Articles
Trump doubles down on 10 per cent tariff for BRICS
New York: US President Donald Trump doubled down on his threat to charge BRICS members an additional 10 per cent tariff and alleged that the group was “set up to degenerate our dollar”. Speaking to reporters as he presided over a Cabinet meeting on Tuesday, Trump said: “Anybody that’s in BRICS is getting a 10 per cent charge” — and that would include India. On another trade issue that could affect India, Trump said that a 200 per cent tariff on …
Trump: Members of China-Led BRICS to Face New Tariffs Soon
President Donald Trump is getting ready to slap extra tariffs on the China-led BRICS member countries. At the same time, China’s key trading partners are eager to strike better trade deals with Trump’s team. “If they’re a member of BRICS, they’re going to have to pay a 10 percent tariff just for that one thing,” Trump told reporters. Just how far does China’s long arm reach into the United States? And what tools is the regime using? We hear from…
Trump warns BRICS, including India, of extra 10% tariff for trying to ‘destroy’ US dollars: ‘…a major world war’
President Donald Trump accused the BRICS alliance of aiming to undermine the US dollar, warning that member countries would face an additional 10% tariff. He downplayed the bloc's threat, asserting the dollar's dominance and stating that any challenges would come at a high cost.
'Dollar is king': Trump again threatens 10% tariff on Brics nations, says bloc aims to weaken US
Trump has warned that BRICS countries, including India, could face a 10% tariff, accusing the group of trying to harm the United States and weaken the US dollar. He said BRICS was formed to challenge the dollar’s global dominance.
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