President Donald Trump has threatened new tariffs on any nation supporting “anti-American” policies of the BRICS group of emerging economies, as he announced tariff letters would be sent out to scores of countries from Monday, ahead of a key deadline.
In a Truth Social post on Sunday, Trump said the US would impose an additional 10% tariff on “any country aligning themselves with the Anti-American policies of BRICS” with “no exceptions,” though it was not immediately clear which policies Trump was referring to.
The BRICS group, an acronym of founding members Brazil, Russia, India, China and South Africa, has long stood as a disparate body of countries united by a shared view that global power-sharing should be redistributed to reflect current global economic realities for a “multipolar” as opposed to a West-led world order.
The group has recently expanded to include Egypt, Ethiopia, Indonesia, Iran and the United Arab Emirates as members, and has ten lower-level partner countries - including Belarus, Nigeria, Thailand and Vietnam. It’s not clear if Saudi Arabia has accepted an invitation to join the economic club.
