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President Trump threatened to impose an additional 10 percent tariff on countries “aligning” themselves with the BRICS bloc of developing nations.
“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 wrote in a Truth Social post Sunday evening.
The threat comes after members of the BRICS group issued a declaration on Sunday condemning the U.S. increase in tariffs, as well as the strikes on Iran — all without mentioning Trump by name.
The group’s statement raised “serious concerns” tariffs, saying they are “inconsistent with WTO (World Trade Organization) rules” and threaten to “reduce global trade, disrupt global supply chains, and introduce uncertainty.”