President Donald Trump threatened to add a 10% tariff rate on BRICS-aligned countries. The term first applied to 4 countries but the group expanded.

Any country aligning themselves with the anti-American policies of BRICS will be charged an additional 10% tariff."

Trump’s new tariff letters have sent shockwaves across global markets as he targets 22 countries with tough new trade threats just weeks before the August 1 deadline. From close allies like Japan and South Korea to BRICS nations like Brazil and South Africa,

President Donald Trump's administration has reignited global trade debates with its ambiguous tariff strategy, extending deadlines and provoking strong international reactions.

President Donald Trump’s threat to impose new tariffs on India over its participation in the BRICS forum puts New Delhi in a tough position as it races to finalize a favorable trade deal with the US.

(Reuters) -Goods imported from the European Union will face a 30% U.S. tariff rate starting Aug. 1, U.S. President Donald Trump said in a letter posted to his social media platform on Saturday. (Reporting by Bhargav Acharya;