Trump says alignment with BRICS' 'anti-American policies' to invite additional 10% tariffs
"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. Thank you for your attention to this matter!" Mr. Trump said in a post on Truth Social.
Mr. Trump did not clarify or expand on the "Anti-American policies" reference in his post.
The original BRICS group gathered leaders from Brazil, Russia, India and China at its first summit in 2009. The bloc later added South Africa and last year included Egypt, Ethiopia, Indonesia, Iran, Saudi Arabia and the United Arab Emirates and Indonesia as members.
The 17th BRICS Summit— which groups Brazil, Russia, India, China and South Africa— saw participation from its members, partners, and outreach invitees.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Mint
34 minutes ago
- Mint
Elon Musk's sly response to Donald Trump's ‘off the rails' remark deepens their feud
US President Donald Trump and Tesla CEO Elon Musk have once again engaged in a war of words, this time over Musk's new political party, the 'American Party'. In a long post on the Truth social media platform, Trump said he is 'saddened to watch Elon Musk go completely 'off the rails', essentially becoming a TRAIN WRECK over the past five weeks.' Trump said Musk 'even wants to start a Third Political Party, despite the fact that they have never succeeded in the United States.' He said, 'The System seems not designed for them.' Launching a scathing attack on the 'Radical Left Democrats,' Trump said, 'The one thing Third Parties are good for is the creation of Complete and Total DISRUPTION & CHAOS...'. He emphasised the effectiveness of the two-party system and called third parties 'ridiculous'. Former DOGE chief Elon Musk responded to Trump's post with a sly remark: 'What's Truth Social? Never heard of it.' The bone of contention between Trump and Musk is the US President's 'One Big Beautiful Bill', which became an Act after Trump signed it on 4 July. Trump called the spending and tax bill the 'biggest Bill of its kind in the History of our Country.' Musk has vocally opposed it, saying it would explode the US debt. Trump suggested that Musk may have been upset with the Bill because 'it eliminates the ridiculous Electric Vehicle (EV) Mandate, which would have forced everyone to buy an Electric Car in a short period of time.' After the Bill was passed in the House on Sunday, Musk shared a series of posts on X slamming the move. "When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy," the SpaceX and Tesla boss posted on X on Sunday. He said, 'Today, the America Party is formed to give you back your freedom.' Elon Musk also cited a poll, uploaded on 4 July, US Independence Day, in which he asked whether respondents "want independence from the two-party [some would say uniparty] system" that has dominated US politics for some two centuries. The yes-or-no survey earned more than 1.2 million responses. "By a factor of 2 to 1, you want a new political party and you shall have it!" he posted on X, a social media platform he owns. Musk also shared a meme depicting a two-headed snake and the caption "End the Uniparty."
India Today
35 minutes ago
- India Today
Accused in Patna businessman's murder detained by police
7:35 The 17th Brics summit in Rio de Janeiro saw Prime Minister Narendra Modi addressing key issues, including terrorism and global governance. He denounced the Pahalgam terror attack of April 22nd, calling it a blow to humanity. Modi urged for a unified stance against terror and sanctions on terrorists. Brics nations condemned the attack as criminal and unjustifiable, declaring zero tolerance on terrorism. The Prime Minister also highlighted the need for Global South representation in global institutions, calling for reforms in UNSC, IMF, and World Bank. He emphasised the importance of diversity and multipolarity in shaping a new world order. Modi suggested setting up a science and research repository within Brics and stressed the need for greater support for sustainable development in developing countries.
The Hindu
42 minutes ago
- The Hindu
BRICS group condemns increase of tariffs, but doesn't name Trump, in summit overshadowed by West Asia tensions
The BRICS bloc of developing nations on Sunday (July 6, 2025) condemned the increase of tariffs and attacks on Iran, but refrained from naming U.S. President Donald Trump. The group's declaration, which also took aim at Israel's military actions in West Asia, also spared its member Russia from criticism and mentioned war-torn Ukraine just once. The two-day summit was marked by the absences of two of its most powerful members. China's President Xi Jinping did not attend a BRICS summit for the first time since he became his country's leader in 2012. Russian President Vladimir Putin, who spoke via video conference, continues to mostly avoid travelling abroad due to an international arrest warrant issued after Russia invaded Ukraine. In an indirect swipe at the U.S., the group's declaration raised 'serious concerns' about the rise of tariffs which it said were 'inconsistent with WTO [World Trade Organisation] rules.' The BRICS added that those restrictions 'threaten to reduce global trade, disrupt global supply chains, and introduce uncertainty.' Mr. Trump, in a post on his social media platform late on Sunday, said any country that aligns itself with what he termed 'the Anti-American policies of BRICS' would be levied an added 10% tariff. Brazil's President Luiz Inacio Lula da Silva, who hosted the summit, criticised NATO's decision to hike military spending by 5% of GDP annually by 2035. That sentiment was later echoed in the group's declaration. 'It is always easier to invest in war than in peace,' Mr. Lula said at the opening of the summit, which is scheduled to continue on Monday. Iran in attendance Iranian President Masoud Pezeshkian, who was expected to attend the summit before the attacks on his country in June, sent his Foreign Minister Abbas Araghchi to the meeting in Rio. The group's declaration criticised the attacks on Iran without mentioning the U.S. or Israel, the two nations that conducted them. In his speech, Mr. Araghchi told leaders he had pushed for every member of the United Nations to condemn Israel strongly. He added Israel and the U.S. should be accountable for rights violations. The Iranian Foreign Minister said the aftermath of the war 'will not be limited' to one country. 'The entire region and beyond will be damaged,' Mr. Araghchi said. BRICS leaders expressed 'grave concern' for the humanitarian situation in Gaza, called for the release of all hostages, a return to the negotiating table and reaffirmed their commitment to the two-state solution. Later, Iran's Mr. Araghchi said in a separate statement on messaging app Telegram that his government had expressed its reservation regarding a two-state solution in a note, saying it will not work 'just as it has not worked in the past.' Also on Telegram, Russia's Foreign Ministry in another statement named the U.S. and Israel, and condemned the 'unprovoked military strikes' against Iran. Russia spared The group's 31-page declaration mentions Ukraine just once, while condemning 'in the strongest terms' recent Ukrainian attacks on Russia. 'We recall our national positions concerning the conflict in Ukraine as expressed in the appropriate fora, including the UN Security Council and the U.N. General Assembly,' the group said. Joao Alfredo Nyegray, an international business and geopolitics professor at the Pontifical Catholic University in Parana, said the summit could have played a role in showing an alternative to an unstable world, but won't do so. 'The withdrawal of Egypt's President Abdel Fattah al-Sisi and the uncertainty about the level of representation for countries like Iran, Saudi Arabia and the UAE are confirming the difficulty for the BRICS to establish themselves as a cohesive pole of global leadership,' Mr. Nyegray said. 'This moment demands high level articulation, but we are actually seeing dispersion.' Avoid Trump's tariffs While Mr. Lula advocated on Sunday for the reform of Western-led global institutions, Brazil aimed to avoid becoming the target of higher tariffs. Mr. Trump has threatened to impose 100% tariffs against the bloc if they take any moves to undermine the dollar. Last year, at the summit hosted by Russia in Kazan, the Kremlin sought to develop alternatives to U.S.-dominated payment systems which would allow it to dodge Western sanctions imposed after Russia's invasion of Ukraine in February 2022. Brazil decided to focus on less controversial issues in the summit, such as promoting trade relations between members and global health, after Mr. Trump returned to the White House, said Ana Garcia, a professor at the Rio de Janeiro Federal Rural University. 'Brazil wants the least amount of damage possible and to avoid drawing the attention of the Trump administration to prevent any type of risk to the Brazilian economy,' Ms. Garcia said. 'Best opportunity for emerging countries' BRICS was founded by Brazil, Russia, India, China and South Africa, but the group last year expanded to include Indonesia, Iran, Egypt, Ethiopia, and the United Arab Emirates. As well as new members, the bloc has 10 strategic partner countries, a category created at last year's summit that includes Belarus, Cuba, and Vietnam. That rapid expansion led Brazil to put housekeeping issues — officially termed institutional development — on the agenda to better integrate new members and boost internal cohesion. Despite notable absences, the summit is important for attendees, especially in the context of instability provoked by Mr. Trump's tariff wars, said Bruce Scheidl, a researcher at the University of Sao Paulo's BRICS study group. 'The summit offers the best opportunity for emerging countries to respond, in the sense of seeking alternatives and diversifying their economic partnerships,' Mr. Scheidl said. Earlier on Sunday, a pro-Israel non-profit placed dozens of rainbow flags on Ipanema beach to protest Iran's policies regarding LGBT+ people. On Saturday, human rights group Amnesty International protested Brazil's plans for offshore oil drilling near the mouth of the Amazon River. For Mr. Lula, the summit is a welcome pause from a difficult domestic scenario, marked by a drop in popularity and conflict with Congress. The meeting was also an opportunity to advance climate negotiations and commitments on protecting the environment before November's COP 30 climate talks in the Amazonian city of Belem.
