President Trump threatens 10% additional tariffs on countries backing “anti-American” BRICS policies
The BRICS bloc has grown to represent nearly 40% of global GDP in recent years.
In a Truth Social post Sunday night, President Trump warned that any country supporting the “Anti-American policies of BRICS” would face an additional 10% tariff, with “no exceptions.”
The threat followed a weekend BRICS summit in Brazil, where member nations jointly criticized rising tariffs and military attacks on Iran, without naming the US directly. Back in November, Trump also threatened BRICS with 100% tariffs over its push to de-dollarize — a move that’s becoming harder to ignore as the bloc’s member tally and economic might both expand.
Having been a five-country alliance (Brazil, Russia, India, China, and South Africa) since 2010, BRICS expanded to include Egypt, Ethiopia, Iran, and the UAE last year, before welcoming Indonesia in January. Together, these nations accounted for 37% of global GDP last year on a purchasing power basis — surpassing the G7 — and that share is expected to rise further, per IMF data.
The new BRICS-based warning comes as Trump ramps up pressure on other countries that are yet to strike trade deals with the US. While the July 9 deadline on his 90-day tariff pause had loomed large, the US has only reached deals so far with the UK, Vietnam, and (partially) China. On Monday, the president’s administration said it has started sending out letters to 14 countries without agreements, detailing new, higher tariffs starting August 1 if deals aren’t reached.