Donald Trump says aligning with BRICS ‘anti-American policies’ will invite extra 10% tariffs
United States President Donald Trump on Sunday said that Washington will impose additional 10% tariffs on countries aligning with the “anti-American policies” of the BRICS grouping.
“There will be no exceptions to this policy,” Trumps said on social media.
The US president did not elaborate on which policies he believed were against the interests of his country.
This came as the leaders of the BRICS nations – a multilateral group comprising the world’s major emerging economies – met in Brazil’s Rio de Janeiro on Sunday.
BRICS comprises India, Brazil, Russia, China, Saudi Arabia, South Africa, Egypt, Ethiopia, Indonesia, Iran and the United Arab Emirates.
Washington views the BRICS as attempting to become an economic counterweight to the US.
In January, Trump had warned members of the BRICS against attempts to replace the US dollar as a reserve currency by repeating a 100%-tariff threat that he had made after winning the presidential election in November.
Trump’s warning on Sunday came as Washington said that the broader “reciprocal...
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