**Trump Threatens 10% Tariff on Countries Backing BRICS’ “Anti-American Policy”**
In a move that is escalating tensions with the BRICS group, US President Donald Trump has announced that his administration will impose an additional 10% tariff on countries aligning themselves with what he described as the BRICS group’s “anti-American policy”. This latest trade threat comes at a time when the BRICS summit in Brazil is underway, where member states including Russia, China, and India have adopted a declaration condemning strikes on Iran and Israel’s operations in Gaza.
The declaration, which does not explicitly name the US but criticizes actions perceived as destabilizing, is seen by many as a veiled reference to the recent Israeli airstrikes on Iranian nuclear sites. Trump’s latest trade threat is aimed at putting pressure on countries that are part of the BRICS group and are increasingly seeking to reduce their dependence on the US dollar.
The BRICS group, which includes Russia, China, India, Brazil, and South Africa, has been growing in influence and is now seen as a major player in the global economy. The group’s goal is to create a multipolar world order where countries like themselves have more say in international trade and finance. Despite this, Trump’s latest move shows that he remains committed to using economic leverage to maintain US dominance.
**What does this mean for the BRICS group?**
The additional 10% tariff on countries backing the BRICS group’s “anti-American policy” is a significant escalation of tensions between the US and the group. It is likely to have a major impact on trade flows between the US and countries that are part of the BRICS group.
In recent years, the BRICS group has been expanding its influence and reducing its dependence on the US dollar. The group’s currency, known as the BRICS currency, was proposed in 2024 but has yet to be implemented. Trump had warned that if the BRICS group goes ahead with plans to adopt a new or existing currency to replace the US dollar, he would impose 100% tariffs.
The recent declaration by the BRICS summit condemning strikes on Iran and Israel’s operations in Gaza has further escalated tensions between the US and the group. It remains to be seen how this will play out but one thing is certain: Trump’s latest move has increased tensions with a group that is increasingly influential in global trade and finance.
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