Donald Trump has announced a 10% surtax on BRICS-supporting countries, with no exceptions, and set strict deadlines for trade deals.
Raluca Niculae
International
Shutterstock
Always see our news on Google
President Trump has warned that all states that support the BRICS grouping will be subject to a 10% tax, without exception, in a bid to counter the alliance's economic influence. The US administration has set a deadline for trade talks, pressing international partners to reach agreements by August 1. Despite negotiations with Britain, Vietnam and China, many talks are stalling. The BRICS has harshly criticized the US measures as damaging to the global economy and expressed a desire to reform international financial institutions.
Sources
Latest News
14:03
The level of the Danube is alarmingly low, and the flow on the Borcea branch has reached 1,600 m³/s, affecting local communities and energy production.
13:50
Amendments to Law no. 61/1991: Romanians who organize noisy parties risk fines of up to 12,000 lei, regardless of the environment.
13:33
Strong earthquake of magnitude 4.7 near the city of Naples
13:20
FIFA President, Gianni Infantino, has abandoned the plan to sell some tickets for the World Cup.
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
