$Trump Threatens Extra 10% Tariff on BRICS-Aligned Nations
As the BRICS summit unfolds in Rio de Janeiro (July 6–7, 2025), former President Donald Trump warned that any country adopting “anti‑American” policies aligned with BRICS will face an additional 10% tariff, with no exceptions, as revealed on his Truth Social post . U.S. officials confirmed that letters outlining new tariffs will be sent by July 9, with measures taking effect August 1, and some duties possibly reaching **70%** . Global markets responded with falling stock futures and a stronger U.S. dollar . Meanwhile, China swiftly rejected the move, stating trade tariffs serve no one’s benefit #TrumpTariffs