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Trump threatens extra 10% tariff on nations that side with Brics

Trump threatens extra 10% tariff on nations that side with Brics

Summary

Former US President Donald Trump announced an extra 10% tariff on countries supporting the Brics alliance if their actions go against US interests. He shared this message on a social media platform, emphasizing no exceptions to this rule.

Key Facts

  • Trump plans to impose an additional 10% tariff on nations supporting the Brics alliance against US interests.
  • He made this statement on his Truth Social platform.
  • The Brics alliance includes Brazil, Russia, India, China, South Africa, and recently added members like Egypt and Saudi Arabia.
  • Brics represents over half of the world's population.
  • Trump has previously criticized Brics for challenging US and Western European influence.
  • Brics leaders are meeting in Rio de Janeiro, discussing reforms to global financial institutions.

Source Information