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News for India > Economics > Trump says countries aligning with BRICS policies will face additional 10% tariff
Economics

Trump says countries aligning with BRICS policies will face additional 10% tariff

Last updated: July 7, 2025 8:22 am
1 month ago
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President of the United States Donald J. Trump delivers remarks to a crowd at an America250 rally in Des Moines, Iowa, United States, on July 3, 2025.

Kyle Mazza | Anadolu | Getty Images

U.S. President Donald Trump announced that an additional 10% tariff will be charged to countries “aligning themselves with the anti-American policies of BRICS,” without elaborating.

“Any Country aligning themselves with the Anti-American policies of BRICS, will be charged an ADDITIONAL 10% Tariff. There will be no exceptions to this policy,” Trump said in a post on Truth Social Sunday evening stateside.

Separately, Trump confirmed that the U.S. will start delivering letters on Monday, detailing country-specific tariff rates and any agreements reached with various trading partners.

This is breaking news. Please refresh for updates.



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