Trump, BRICS and Anti-American
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U.S. President Donald Trump said on Tuesday the U.S. would "pretty soon" charge a 10% tariff on imports from BRICS countries, drawing another complaint from Brazil President Luiz Inacio Lula da Silva,
President Donald Trump said at least seven countries can expect tariff letters on Wednesday morning, as he ramped up pressure on nations to strike deals with the United States by saying his new August 1 deadline would not be extended.
“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,” Mr. Trump said in a Truth Social post. He did not elaborate, nor did he say what BRICS policies he was referring to.
The Trump administration will not immediately impose a new 10% tariff against members of the developing nation BRICS bloc, but will proceed if countries take so-called "anti-American" policy actions,
China said BRICS does not seek confrontation or target any country after U.S. President Donald Trump threatened a new 10 percent tariff.
In November, as president-elect, Trump threatened he would put “100% tariffs” on BRICS countries unless they committed to never create a “a new BRICS Currency, nor back any other Currency to ...
Trump said the U.S. will impose an additional 10% tariff on any countries aligning themselves with the "Anti-American policies" of the BRICS group of developing nations, whose leaders kicked off a summit in Brazil.
The US decision to delay tariff penalties until Aug. 1 doesn't dramatically impact the Middle East, but the coming weeks could still have important ripple effects in the region.
The BRICS bloc has criticized rising tariffs and attacks on Iran in its latest summit declaration. Meeting in Rio de Janeiro on Sunday, the group also condemned NATO’s increased military spending and expressed concerns about global trade disruptions caused by tariffs.
President Donald Trump is threatening an extra 10% tariff on nations that side with the "anti-American" policies of BRICS. Here's what that means.
The GTRI report warns India against hastily signing trade deals with the US due to aggressive tariffs and penalties. It emphasizes that the US's use of the dollar as a weapon has compelled nations to