“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.

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’s new tariff letters have sent shockwaves across global markets as he targets 22 countries with tough new trade threats just weeks before the August 1 deadline. From close allies like Japan and South Korea to BRICS nations like Brazil and South Africa,

Trump had previously threatened tariffs on the BRICS group if they followed through with plans to challenge the supremacy of the U.S. dollar.

The White House concluded that non-tariff methods for punishing Brazil would take too long, two people familiar with the situation said.

President Trump's proposed 100% tariff on BRICS nations has stirred global controversy. Labeling the group as 'anti-American,' Trump faces backlash from BRICS leaders, who defend their vision of a multipolar world.

President Trump threatened an additional 10% tariff on imports from countries aligning with BRICS. BRICS, originally Brazil, Russia, India, and China, was used to describe emerging economies.

(Reuters) -Goods imported from the European Union will face a 30% U.S. tariff rate starting Aug. 1, U.S. President Donald Trump said in a letter posted to his social media platform on Saturday. (Reporting by Bhargav Acharya;