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Trump vows extra 10% tariff against countries 'aligning' with BRICS - International

Trump vows extra 10% tariff against countries 'aligning' with BRICS - International

Al-Ahram Weekly9 hours ago
US President Donald Trump lashed out at the 11 nations of BRICS Sunday, vowing to impose an extra 10 percent tariff on the grouping that includes Brazil, Russia, India and China.
"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," Trump wrote on his Truth Social platform Sunday.
BRICS leaders at a summit on Sunday took aim at US President Donald Trump's "indiscriminate" import tariffs.
The 11 emerging nations -- including Brazil, Russia, India, China and South Africa -- account for about half the world's population and 40 percent of global economic output.
The bloc is divided about much, but found common cause when it comes to the mercurial US leader and his stop-start tariff wars -- even if it avoided naming him directly.
Voicing "serious concerns about the rise of unilateral tariff" measures, BRICS members said the tariffs risked hurting the global economy, according to a summit joint statement.
In April, Trump threatened allies and rivals alike with a slew of punitive duties, before offering a months-long reprieve in the face of a fierce market sell-off.
Trump has warned he will impose unilateral levies on partners unless they reach "deals" by August 1.
In an apparent concession to US allies such as Brazil, India and Saudi Arabia, the summit declaration did not criticize the United States or its president by name at any point.
The political punch of this year's summit has been depleted by the absence of China's Xi Jinping, who skipped the meeting for the first time in his 12 years as president.
The Chinese leader is not the only notable absentee. Russian President Vladimir Putin, charged with war crimes in Ukraine, also opted to stay away, participating via video link.
He told counterparts that BRICS had become a key player in global governance.
The summit also called for regulation governing artificial intelligence and said the technology could not be the preserve of only rich nations.
The commercial AI sector is currently dominated by US tech giants, although China and other nations have rapidly developing capacity.
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