President Donald Trump has threatened new tariffs on any nation supporting “anti-American” policies of the BRICS group of emerging economies, as he announced tariff letters would be sent out to scores of countries from Monday,

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.

On Sunday, the BRICS group issued a statement condemning US and Israeli military strikes on Iran, a BRICS member.

As US President Donald Trump wages a trade war across the globe, a new target has come into his line of fire: the BRICS group of emerging major economies.

Trump said the U.S. will impose an additional 10% tariff on any countries aligning themselves with the "Anti-American policies" of the BRICS group of developing nations, whose leaders kicked off a summit in Brazil.

The president’s statement comes as the trading bloc including Brazil, Russia, India, China, and South Africa is meeting in Rio de Janeiro this week. President Donald Trump is threatening to add an additional 10% tariff on countries that align with the so-called “anti-American policies of BRICS,

US President Donald Trump has warned that countries aligning with the BRICS economic bloc will face additional 10 per cent tariffs on their goods, as he seeks to protect the dollar's global dominance.

President Donald Trump is threatening an extra 10% tariff on nations that side with the "anti-American" policies of BRICS. Here's what that means.