New Delhi: Former U.S. President Donald Trump on Sunday warned that nations supporting what he referred to as the “anti-American insurance policies” of BRICS would face a further 10% tariff, additional escalating his confrontational stance on world commerce.
“Any nation aligning themselves with the anti-American insurance policies of BRICS shall be charged an ADDITIONAL 10% Tariff. There shall be no exceptions to this coverage. Thanks on your consideration to this matter!” Trump wrote in a put up on his platform, Fact Social.
Trump didn’t elaborate on what constituted “anti-American insurance policies,” nor did he specify which nations is likely to be focused beneath the proposed tariff rule.
The BRICS bloc—initially fashioned by Brazil, Russia, India, China, and later South Africa—has considerably expanded its attain lately. In 2024, it welcomed new members together with Egypt, Ethiopia, Iran, Saudi Arabia, the United Arab Emirates, and Indonesia.
Trump’s assertion got here simply hours after BRICS leaders collectively issued the Rio de Janeiro Declaration, which criticised U.S. commerce practices. The declaration warned that Washington’s use of reciprocal tariffs and “indiscriminate rising of tariffs” risked destabilising world commerce frameworks.
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