Trump says nations aligning with BRICS' 'anti-American policies' will face additional 10% tariff
"There will be no exceptions to this policy," he wrote on his Truth Social platform.
ALSO READ: BRICS nations voice 'serious concerns' over Trump tariffs
In another post, he announced that US tariff letters and/or agreements with various countries across the world "will be delivered starting noon (Eastern) (1600GMT), Monday (July 7)."
In late January, Trump said "there is no chance that BRICS (countries) will replace the US dollar in international trade, or anywhere else."
"We are going to require a commitment from these seemingly hostile countries that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty US Dollar or, they will face 100% tariffs," he added.
BRICS members have discussed shifting from the dollar in recent years, with discussions intensifying after the US imposed sanctions on Russia in 2022 following the start of its "special military operation' in Ukraine.
Trump's statements Sunday came as leaders and representatives from BRICS are gathering in Rio de Janeiro for the group's 17th annual summit. - Bernama-Anadolu
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- Malay Mail
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