BRICS tariff to be applied only if they adopt policies deemed 'anti-American', source says
Leaders of the BRICS group react during the family photo during the BRICS Summit in Rio de Janeiro, Brazil July 7, 2025. REUTERS/Pilar Olivares
WASHINGTON - The Trump administration will not immediately impose a new 10% tariff against members of the developing nation BRICS bloc, but will proceed if countries take so-called "anti-American" policy actions, according to a source familiar with the matter.
President Donald Trump said on Sunday that the United States will impose an additional 10% tariff on any countries aligning themselves with so-called "anti-American policies" of the BRICS group of developing nations, triggering sharp denials from its members that they were oriented against the United States.
"A line is being drawn. If policy decisions are made that are anti-American, then the tariff will be charged," said the source, who requested anonymity because they are not authorized to speak on the matter.
No executive order has been released by the White House.
Trump's announcement, made on his Truth Social media platform, came as India, Indonesia and other countries within the BRICS group were negotiating last-minute trade deals with the U.S. government ahead of a July 9 deadline when tariff rates had been scheduled to go up. The effective date for those tariffs has now been postponed until August 1.
Trade experts said the new tariff threat was aimed at maintaining and increasing pressure on countries seeking to avoid high tariffs proposed by Trump in April. Many BRICS members and partner countries are highly dependent on trade with the United States.
Trump's posting came hours after BRICS leaders issued a 31-page statement in which they condemned attacks on Gaza and Iran, called for reforms to global institutions and warned that unilateral tariffs threatened global trade.
Top stories
Swipe. Select. Stay informed.
Singapore Eligible S'poreans to get up to $850 in GSTV cash, up to $450 in MediSave top-ups in August
Singapore Four golf courses to close by 2035, leaving Singapore with 12 courses
Singapore Singapore's second mufti Sheikh Syed Isa Semait dies at age 87
Singapore Fewer marriages in Singapore in 2024; greater marital stability for recent unions
Singapore Competition watchdog gives SIA, Malaysia Airlines conditional approval to continue cooperation
Singapore About 20 delivery riders meet Pritam Singh to discuss platform worker issues
Business OCBC sets loan target of $5b and covers more territories in boost for serial entrepreneurs
Singapore Reform Party to leave opposition group People's Alliance for Reform; two parties remain
The first BRICS summit in 2009 was attended by leaders from Brazil, China, India and Russia, with South Africa joining later. Egypt, Ethiopia, Indonesia, Iran and the United Arab Emirates were included last year, and Saudi Arabia, while accepted as a member, is participating as a partner country.
Other partner countries include Bolivia, Nigeria, Cuba, Kazakhstan, Malaysia, Thailand, Vietnam and Uganda.
Trump has close ties to leaders of some of those countries, such as Saudi Arabia and UAE, and has been touting the prospect of a trade deal with India for weeks. His administration concluded a framework trade deal with Vietnam last week, and has been in talks about a similar agreement with Thailand.
In the BRICS leaders Sunday statement, they condemned attacks on Gaza and Iran by Israel, a U.S. ally, and called for reforms to global institutions, warning that the rise in "unilateral tariff and non-tariff measures" threatened global trade.
It was not immediately clear if Trump's latest tariff threat would derail trade talks underway with India, Indonesia and other BRICS nations.
South Africa insisted it was not "anti-American" and said its talks with the U.S. government remained constructive.
Indonesia, keen to avert a threatened 32% tariff rate, is due to sign a $34 billion pact with U.S. partners this week and has offered to cut duties on key imports from the United States to "near zero" and to buy $500 million worth of U.S. wheat. REUTERS
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Straits Times
38 minutes ago
- Straits Times
Lawyers warn UK NDA ban may reduce misconduct settlement payouts
Sign up now: Get ST's newsletters delivered to your inbox The provision would void existing NDAs used by businesses to silence employees who were subject to sexual harassment or discrimination. A landmark ban on the use of non-disclosure agreements in workplace misconduct cases - a longstanding practice of financial firms - may make it harder for victims to win compensation and discourage some from speaking up, lawyers say. Under reforms to workers' rights laws by British Prime Minister Keir Starmer's government due to come into effect later in 2025 , any confidentiality agreements that seek to silence employees who say they faced harassment and discrimination would be null and void. But lawyers say the ban risks unintended consequences: employers are less motivated to settle discrimination cases without confidentiality, leading to greater backlogs for the employee tribunal system and prolonged legal processes for victims seeking closure. This could mean that fewer victims come forward to detail their experiences, according to Ms Caroline Walker, managing director at Cavendish Employment Law. 'Tribunal claims are not for the faint-hearted,' she said, referring to the courts where workers and employers head to fight their disputes. 'They are time consuming, costly and cross-examination over sensitive discrimination or harassment incidents can be brutal.' There's a risk too that companies try to bury victims in a legal quagmire, she said, with companies more determined to defend their reputation in court in the absence of a confidentiality agreement. Top stories Swipe. Select. Stay informed. Asia Air India crash report shows pilot confusion over engine switch movement Singapore More NSFs may be recruited to tackle scams: Police Singapore $3 cashback for hawker centre meals and shopping at heartland malls with DBS PayLah initiative Singapore 40% more sign-ups to programmes for adult learners at institutes of higher learning in last 5 years Singapore Exhibition marking The Straits Times' 180th anniversary opens on July 12 at Jewel Changi Multimedia Which floor is this? Chongqing's maze-like environment powers its rise as a megacity Singapore Over 20 motorists caught offering illegal ride-hailing services at Changi Airport and Gardens by the Bay Life SG60 F&B icons: 20 dishes and drinks which have shaped Singaporeans' taste buds In the case of fewer settlements, lengthier legal processes could also pile pressure on an already overwhelmed UK employee tribunal system, Ms Walker said. The backlog had reached almost 50,000 cases by the end of 2024 , an increase of 28 per cent compared with a year earlier. 'This could result in employees having to commit to litigation in difficult circumstances, when they may otherwise have received a settlement, allowing them to move on more quickly,' Ms Bethan Jones, an employment lawyer at Spencer West, said. The use of NDAs for cases involving allegations of workplace abuse is widespread; 22 per cent of respondents to a 2024 survey by the Chartered Institute of Personnel and Development said their company used them when dealing with allegations of sexual harassment. The ban marks a shift in policy for Britain after the previous Conservative government rejected calls in 2024 to end their use and comes after a series of high-profile sexual harassment scandals in recent years, including allegations against hedge fund manager, Crispin Odey, who has denied the allegations. 'There is commercial and reputational value to the employer in settling with confidentiality irrespective of the merit or otherwise of the allegation,' Mr Jason Braier, a trial lawyer specialising in employment, said in a LinkedIn post. 'The government amendment will disincentivise employers from settling many claims they think they can defend.' But proponents of the ban say the risks are unfounded and note that the new law will reverse the power dynamics, with victims, not companies, able to request confidentiality. 'The whole thing with NDAs is that they are a piece of power, and when you are an employee the power disparity is so huge,' said Ms Zelda Perkins, the whisteblower at the heart of the Weinstein scandal. 'People I've been fighting against baulk at that word power but really it's about equality and leveling the playing field.' And Ms Georgina Calvert-Lee, at Bellevue Law, said the ban simply aligns the UK with other countries where legislation has already changed, including Ireland and several US states. The experience there suggests that a ban has been effective; US research in 2019 showed that, after the introduction of the bans, filings for sexual harassment increased and the settlement rate for those cases rose by nearly 10 per cent. A former employee at Citigroup Inc. who asked not to be named because they signed an NDA after they sued the bank told Bloomberg that victims are often pressured to sign confidentiality agreements by their bosses and hopes this could mark a positive change. They said that City of London firms frequently abuse NDAs and use them to perpetuate toxic corporate cultures. A Citi spokesperson declined to comment. Currently, NDAs can often have a far-reaching impact, with some requiring that victims are unable to speak to anyone, even medical professionals, about their experience. Those who sign such documents also often don't receive legal guidance and are unaware that they can still pursue a criminal case through the police. The reforms would change that. 'You can use confidentiality when it's being used ethically and not abusively,' said Ms Perkins. 'This is really taking the ability to abuse that tool out of the hands of employers.' BLOOMBERG

Straits Times
an hour ago
- Straits Times
PKK disarmament opens new page for Turkey, Erdogan says
Sign up now: Get ST's newsletters delivered to your inbox Turkish President Tayyip Erdogan greets the audience before addressing the members of his ruling AK Party in Ankara, Turkey, July 12, 2025. Murat Kula/Presidential Press Office/Handout via REUTERS ISTANBUL - Turkish President Tayyip Erdogan on Saturday called for full support of the disarmament of Kurdish militants that began with a handover of the first batch of weapons by Kurdistan Workers Party (PKK) forces, a step he said opened a new page for the country. Thirty PKK militants burned their weapons at the mouth of a cave in northern Iraq on Friday, marking a symbolic but significant step toward ending a decades-long insurgency against Turkey. "As of yesterday, the scourge of terrorism has entered the process of ending. Today is a new day; a new page has opened in history. Today, the doors of a great, powerful Turkey have been flung wide open," Erdogan told members of his AK Party in Ankara. He said the recent steps have united the nation, and now the parliament will play a critical role in setting up a legal framework for completing the disarmament process. "I hope that our parliament will support this process with the broadest possible participation," Erdogan said. Ankara has taken steps toward forming a parliamentary commission that will oversee the disarmament and PKK's transition into democratic politics. The PKK, locked in conflict with the Turkish state and outlawed since 1984, decided in May to disband, disarm and end its separatist struggle after a public call to do so from its long-imprisoned leader Abdullah Ocalan. Top stories Swipe. Select. Stay informed. Asia Air India crash report shows pilot confusion over engine switch movement Singapore More NSFs may be recruited to tackle scams: Police Singapore $3 cashback for hawker centre meals and shopping at heartland malls with DBS PayLah initiative Singapore 40% more sign-ups to programmes for adult learners at institutes of higher learning in last 5 years Singapore Exhibition marking The Straits Times' 180th anniversary opens on July 12 at Jewel Changi Multimedia Which floor is this? Chongqing's maze-like environment powers its rise as a megacity Singapore Over 20 motorists caught offering illegal ride-hailing services at Changi Airport and Gardens by the Bay Life SG60 F&B icons: 20 dishes and drinks which have shaped Singaporeans' taste buds After a series of failed peace efforts, the new initiative could pave the way for Ankara to end an insurgency that has killed over 40,000 people, burdened the economy and wrought deep social and political divisions in Turkey and the wider region. REUTERS

Straits Times
an hour ago
- Straits Times
China, Asean to submit upgraded free trade deal to leaders in October, says China's Wang Yi
Sign up now: Get ST's newsletters delivered to your inbox China's Foreign Minister Wang Yi said Beijing and Asean have agreed on a five-year plan that specifies collaboration in over 40 fields. China and the Association of Southeast Asian Nations (Asean) have agreed to submit a pact upgrading their free trade areas to their leaders for approval in October, according to Chinese Foreign Minister Wang Yi on July 12. Negotiations about the so-called 3.0 version of the free trade zone started in November 2022 and completed in May, seeking to cover areas such as the digital economy, green economy and supply chain connectivity. China and Asean also agreed on a five-year action plan that specifies collaboration between the two sides in over 40 fields in the coming years, according to a statement published by the Ministry of Foreign Affairs, citing Mr Wang's comments after attending the East Asia Summit in Kuala Lumpur on July 11 . Mr Wang also said the two sides agreed to strive to complete consultations in 2026 on a code of conduct in the South China Sea - a set of guidelines aiming to manage disputes in the region, where Beijing and several Asean members have overlapping maritime claims. REUTERS