Donald Trump Threatens Russia Tariffs as Relationship With Putin Worsens
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President Donald Trump has threatened to impose a 10 percent tariff on any country aligned with the BRICS group of nations which includes Russia, delivering a potential economic blow to Russian President Vladimir Putin.
The bloc — which also consists of Brazil, India, China, as well as seven other emerging economies — held a summit over the weekend, in which they condemned Trump's "indiscriminate" import tariffs and Israeli-US strikes on Iran.
Trump posted on Truth Social late Sunday that "any country aligning themselves with the Anti-American policies of BRICS, will be charged an ADDITIONAL 10% Tariff," adding: "There will be no exceptions to this policy."
Trump said that the U.S. will start delivering tariff letters to other countries from Monday.
President Donald Trump in Morristown, New Jersey, on Sunday.
President Donald Trump in Morristown, New Jersey, on Sunday.This is a developing story. More to follow.
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