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Trump says BRICS nations may face “additional” US tariffs

Trump says BRICS nations may face “additional” US tariffs

Summary

Deborah Elms from the Hinrich Foundation talked about why former President Trump described BRICS countries as "anti-American." Trump also mentioned he would increase tariffs on products from these countries.

Key Facts

  • Deborah Elms is the head of trade policy at the Hinrich Foundation.
  • BRICS is a group of countries that includes Brazil, Russia, India, China, and South Africa.
  • Former President Trump referred to these BRICS nations as "anti-American."
  • Trump suggested imposing higher tariffs on goods from these countries.
  • Tariffs are taxes on imported goods, making them more expensive.

Source Information