Facing down BRICS threat

After slapping a 36% tariff on Thai exports to the United States, President Donald Trump recently warned BRICS nation members may face an additional 10% tariff, citing what he call their "anti-American policies

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His remarks come days after the recent 17th BRICS Summit in Rio de Janeiro focused on the areas of climate responsibility, trade governance, and financial reform. More particularly, it also released a statement condemning the recent bombing of member nation Iran and warning that tariff increases threatened global trade - veiled criticism of the US and Mr Trump's tariff policies.

Hours later, Mr Trump warned he would punish countries seeking to join the group. Several days after the BRICS meeting, Mr Trump also criticised member nation Brazil, threatening to impose a 50% tariff on the South American trading giant for its treatment of former president Jair Bolsonaro, a Trump ally.