In a bold and uncompromising move, President Donald Trump announced late Sunday that any country aligning itself with the so-called โAnti-American policies of BRICSโ will face an additional 10% tariff on their exports to the United States. ๐บ๐ธ๐ฅ
โThere will be no exceptions to this policy,โ Trump declared firmly on his Truth Social platform, sending shockwaves through the global trade community. โก๏ธ๐
This announcement comes as the BRICS alliance โ originally Brazil, Russia, India, China, and South Africa, now expanded to include Saudi Arabia, Egypt, Iran, UAE, Ethiopia, and Indonesia โ gathered in Rio de Janeiro for their annual summit. ๐๐ค
The BRICS bloc has been increasingly vocal about challenging U.S. economic dominance, pushing for reforms in global financial institutions and criticizing Trumpโs tariff policies as โillegalโ and โarbitrary.โ ๐ซ๐
Trumpโs warning targets countries deepening their ties with this growing coalition, signaling a tough stance against what he calls a direct threat to American interests. ๐บ๐ธ๐ก๏ธ
In addition, the U.S. administration plans to send official letters to about 100 nations starting Monday, outlining new tariff structures and reinforcing this hardline approach. ๐ฌ๐ฅ
This move intensifies the already high-stakes trade tensions and raises questions about the future of global economic relations amid rising geopolitical rivalries. ๐โ๏ธ
Stay tuned as this story develops! ๐ก๐ฐ
