In a scathing attack, President Trump took to Truth Social to target any country that aligns itself with what he called "anti-American" policies, which he said are being pushed by the BRICS nations.
The BRICS countries, which include Brazil, China, Russia, and India, met over the weekend and condemned the attacks on Iran as well as unilateral tariffs.
In a joint statement, leaders took a swipe at Trump’s tariffs, saying they “voice serious concerns about the rise of unilateral tariff and non-tariff measures which distort trade and are inconsistent with WTO rules.”
Trump posted on Truth Social and said he would put an additional 10% tariff on any country that supports the "anti-US" stance of BRICS.
“Any Country aligning themselves with the Anti-American policies of BRICS, will be charged an ADDITIONAL 10% Tariff,” Trump said in a Truth Social post. “There will be no exceptions to this policy.”
Bloomberg News reports:
The comments come as the US prepares to send tariff letters to dozens of countries in the coming days, with the Trump administration’s 90-day pause on higher duties set to expire on Wednesday. Trump said in a separate post that the letters would start being delivered from noon Monday, Washington time.
Chinese Premier Li Qiang and Indian Prime Minister Narendra Modi were among those who attended.
Trump’s post didn’t specify which policies he considers “Anti-American,” nor did it provide details on when any of those tariffs might be imposed.
“Trump’s comments are a warning shot for emerging market nations looking to go down the BRICS alignment path,” said Mingze Wu, a trader at StoneX Financial Inc. in Singapore, adding that they’re likely in response to what BRICS said about Gaza.
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