Published by Global Banking & Finance Review®
Posted on July 7, 2025
1 min readLast updated: January 23, 2026
Trump threatens a 10% tariff on countries aligning with BRICS' anti-American policies, affecting global trade dynamics.
(Reuters) -U.S. President Donald Trump on Sunday said that countries aligning themselves with the "Anti-American policies" of BRICS, will be charged an additional 10% tariff.
"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. Thank you for your attention to this matter!" Trump said in a post on Truth Social.
Trump did not clarify or expand on the "Anti-American policies" reference in his post.
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.
(Reporting by Shubham Kalia in Bengaluru; Editing by Muralikumar Anantharaman)
Trump stated that countries aligning themselves with BRICS' 'anti-American policies' will incur an additional 10% tariff.
No, Trump did not clarify or expand on what he meant by 'anti-American policies' in his statement.
The BRICS group originally included Brazil, Russia, India, and China, and later added South Africa, Egypt, Ethiopia, Indonesia, Iran, and others.
The first BRICS summit took place in 2009.
The article was reported by Shubham Kalia in Bengaluru and edited by Muralikumar Anantharaman.
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