By Auzinea Bacon, John Liu and Simone McCarthy, CNN (CNN) — 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 ke…
President Trump threatened to impose an additional 10 percent tariff on countries “aligning” themselves with the BRICS bloc of developing nations. “Any Country aligning themselves with the Anti-American policies of BRICS, will be charged an ADDITIONAL 10% Tariff.
The BRICS bloc of nations adopted a declaration on Sunday condemning increased unilateral tariffs — but avoided mentioning the United States or President Trump by name. The group’s statement, issued at a two-day summit in Brazil, raised “serious concerns” with the tariffs, saying they are “inconsist…
U.S. President Donald Trump warned early Monday that countries that support of BRICS nations -- Brazil, Russia, India and China -- would be slapped with an additional 10% tariff when across-the-board import duties on the
Trump confirmed that the U.S. will start delivering letters on Monday, detailing tariff rates and any agreements reached with various trading partners.
Trump confirmed that the U.S. will start delivering letters on Monday, detailing tariff rates and any agreements reached with various trading partners.
Trump threatens BRICS nations with 10% tariff for being "anti-American" as the alliance meets in Rio de Janeiro, potentially targeting China, Russia, and India amid trade tensions.
Leaders of BRICS meeting in Brazil for their annual summit had hoped to downplay their anti-US reputation. But even a toned down group proclamation drew the ire of President Trump, threatening even higher tariffs on BRICS aligned countries.
US President Donald Trump threatened China, India, and some of the world's fastest-emerging economies with higher import tariffs, hitting back at BRICS'
President Donald Trump threatened to impose an additional 10% tariff on countries that he said support "anti-American" policies of the BRICS group of emerging economies.
