BRICS, Trump
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Brazilian President Luiz Inacio Lula da Silva joined South Africa in blasting Donald Trump for his threat to slap extra tariffs against the BRICS, escalating a spat with the US leader during the final day hosting the 10-member group.
President Donald Trump threatened to add a 10% tariff rate on BRICS-aligned countries. ... In November 2024, he posted on Truth Social a threat to issue a 100% tariff against BRICS countries.
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Inquisitr on MSNDonald Trump’s 10% Tariff Threat on BRICS Nations Could Spark Global Economic Chaos—But Is It Just a Bluff?President Donald Trump proposed a new 10% tariff on any product from countries that are part of the BRICS bloc, chucking a fiery new grenade into the global economy as the July 9 trade deadline moves closer.
US trading partners trying to navigate the final weeks of negotiations before President Donald Trump’s so-called reciprocal tariffs hit are facing a leader who has made clear he’s lost patience with talks.
President Donald Trump announced the tariffs Saturday on two of the United States' biggest trade partners in letters posted to his social media account.