‘no Exceptions’: Trump Says Countries Aligning With Brics Will Be Charged Additional 10% Tariff

US President Donald Trump has warned countries against joining nan BRICS bloc, that includes Brazil, Russia, India, China and South Africa, and past twelvemonth included Egypt, Ethiopia, Indonesia, Iran, Saudi Arabia, nan United Arab Emirates and Indonesia. Although he did not elaborate, Trump accused nan group of ‘anti-American policies’. 

"Any Country aligning themselves pinch nan Anti-American policies of BRICS, will beryllium charged an ADDITIONAL 10% Tariff. There will beryllium nary exceptions to this policy. Thank you for your attraction to this matter!" 

The founding members, Brazil, Russia, India and China, had their first acme successful 2009. 

The ‘anti-American policies’ referred to by Trump could pertain to de-dollarisation, pushed by Russia and China. However, India and Brazil person remained cautious connected that front. Earlier this year, Trump had warned of ‘100 per cent tariffs’ connected BRICS nations, attempting to switch nan US dollar. “They tin spell find different sucker nation. There is nary chance that BRICS will switch nan US Dollar successful International Trade, aliases anyplace else, and immoderate Country that tries should opportunity hullo to Tariffs, and goodbye to America!” he had said.

India has, however, shown nary inclination towards de-dollarisation. External Affairs Minister S Jaishankar has supported section rate settlements wrong BRICS but opposed a caller currency.

Union Commerce Minister Piyush Goyal, speaking astatine nan IT-BT Round Table 2025, wholly rejected nan thought of de-dollarisation. "We don’t support immoderate BRICS currency. Imagine america having a rate shared pinch China," he had said.

India’s broader strategy wrong BRICS has ever been a balancing act, to prosecute productively pinch nan Global South while besides safeguarding its economical ties pinch nan United States.

Published on: Jul 7, 2025 8:29 AM IST