7 July 07:26
Donald Trump has announced that he will impose an additional 10% tariff on countries that support BRICS policies, ahead of the organization's summit in Rio de Janeiro.
Gabriel Dumitrache
International
Paul Sancya / AP / Profimedia
President Trump has warned that any country that aligns with the BRICS will have to pay an additional 10% tariff, with no exceptions. The announcement was made during the BRICS summit in Rio de Janeiro, where the organization's leaders discussed various global issues. The US trade secretary also confirmed that the tariffs will go into effect on August 1, underscoring the Trump administration's stepped-up aggressive trade policy.
Sources
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