Economy

Trump Imposes 10% Tariff on BRICS-Aligned Nations, Vows No Exceptions

Trump Announces New Tariff Policy

In a bold move, United States President Donald Trump has declared a 10% tariff on countries that align with the policies of BRICS, labeling them as "anti-American." This decision underscores the administration's hardline stance on international trade and relations.

No Exceptions to the Rule

Trump emphasized the universality of this policy through a post on Truth Social, stating, "any country aligning themselves with the anti-American policies of BRICS will be charged an additional 10% tariff," and made it clear that there would be "no exceptions to this policy."

Upcoming Notifications

In a related announcement, Trump revealed that letters detailing this new tariff and deals with various countries would be dispatched starting at 12:00 pm ET on Monday, July 7th, marking a significant step in the administration's trade policy adjustments.