#TrumpTariffs ๐ฅ **Trigger**
BRICS nations criticized U.S. policies at their July 2025 summit:
โ Condemned U.S.-Israeli actions against Iran (a BRICS member).
โ Called U.S. tariffs "WTO violations".
โ Pushed for a "multipolar world order".
๐ฅ **Trumpโs Threat**
He announced an **extra 10% tariff** on BRICS-aligned countries (effective Aug 1, 2025).
โ Accused them of "anti-American policies".
โ Did **not specify** which policies qualified.
๐ **Immediate Impact**
โ Asian markets dipped.
โ U.S. dollar strengthened amid trade uncertainty.
โ Added complexity to global tariff negotiations.
๐ **Context**
BRICS expanded to 10 members (45% of world population).
โ Goal: Reduce dollar reliance, **not** create a shared currency.
โ๏ธ **Key Risk**
The tariff could escalate trade fragmentation, testing global stability.$SOL