{"id":13921,"date":"2025-07-07T06:43:10","date_gmt":"2025-07-07T03:43:10","guid":{"rendered":"https:\/\/mongolianews.mn\/?p=13921"},"modified":"2025-07-07T06:43:10","modified_gmt":"2025-07-07T03:43:10","slug":"trump-threatens-brics-partners-with-extra-tariffs-2","status":"publish","type":"post","link":"https:\/\/mongolianews.mn\/?p=13921","title":{"rendered":"Trump threatens BRICS partners with extra tariffs"},"content":{"rendered":"

The US president has warned countries against aligning with \u201canti-American policies\u201d<\/strong><\/p>\n

<\/strong>US President Donald Trump has threatened to impose an additional 10% tariff on any country doing business with BRICS, with \u201cno exceptions,\u201d<\/em> accusing the economic bloc of adopting \u201canti-American policies.\u201d<\/em><\/p>\n

The warning came just hours after BRICS leaders concluded their summit in Rio de Janeiro<\/a>. In their joint declaration, the bloc criticized unilateral tariff actions and condemned what they described as \u201cindiscriminate\u201d<\/em> trade measures, without mentioning the US directly.<\/p>\n

\u201cAny Country aligning themselves with the Anti-American policies of BRICS, will be charged an ADDITIONAL 10% Tariff. There will be no exceptions to this policy,\u201d<\/em> Trump wrote in a post on Truth Social on Sunday.<\/p>\n

The warning echoes Trump\u2019s even harsher remarks in February, when he threatened BRICS members with tariffs as high as 100%. At the time, he declared that BRICS was \u201cdead\u201d<\/em> if it established a common currency or otherwise challenged the US dollar\u2019s dominance in global trade.<\/p>\n

\n Read more<\/strong><\/span><\/p>\n

\n \"US
\u2018BRICS is dead\u2019 if it messes with dollar \u2013 Trump<\/a><\/figcaption><\/figure>\n<\/blockquote>\n

BRICS, originally formed by Brazil, Russia, India and China in 2006, has expanded to include South Africa, Egypt, Iran, Ethiopia, the United Arab Emirates and Indonesia. At the group\u2019s summit in the Russian city of Kazan last year, BRICS approved a new \u2018partner country\u2019 status in response to growing membership interest shown by more than 30 countries.<\/p>\n

Russian President Vladimir Putin said<\/a> during Sunday\u2019s summit that the bloc\u2019s combined GDP has surpassed that of the G7 when measured by purchasing power parity. The group now represents nearly half the world\u2019s population and about 40% of global GDP.<\/p>\n

Since returning to office in January, Trump has launched a tariff campaign aimed at protecting US manufacturers. It culminated on April 2 with a set of measures on what he called \u2018Liberation Day\u2019, including a blanket 10% tariff and up to 70% on countries he accused of treating the US most \u201cunfairly.\u201d<\/em><\/p>\n

\n Read more<\/strong><\/span><\/p>\n

\n \"RT\"
Dollar enduring worst year since 1973 \u2013 NYT<\/a><\/figcaption><\/figure>\n<\/blockquote>\n

Most of the tariffs were paused for 90 days to allow negotiations. The deadline has been further extended to August 1, as Trump is writing letters to US trade partners, with the first \u201ctake it or leave it\u201d<\/em> deals set to be sent out on Monday.<\/p>\n

\u201cI am pleased to announce that the UNITED STATES TARIFF Letters, and\/or Deals, with various Countries from around the World, will be delivered starting 12:00 P.M. (Eastern), Monday, July 7th,\u201d<\/em> he wrote in a separate post on Sunday.<\/p>\n

US Treasury Secretary Scott Bessent told CNN that Trump would also send out letters to 100 smaller countries \u201cwhere we don\u2019t have very much trade,\u201d<\/em> many of which are \u201calready at the baseline 10%.\u201d<\/em><\/p>\n

\n
\n READ MORE: <\/span>BRICS outperforming G7 \u2013 Putin
\n <\/a>\n <\/p>\n

So far, the US has signed deals only with the UK, maintaining a 10% rate, and a minimum 20% tariff with Vietnam. Washington also reached a temporary deal with Beijing to limit the tariff at 30% \u2013 after hiking it to a whopping 145% in a series of tit-for-tat increases earlier this year.<\/p>\n","protected":false},"excerpt":{"rendered":"

The US president has warned countries against aligning with \u201canti-American policies\u201d US President Donald Trump has threatened to impose an additional 10% tariff on any country doing business with BRICS,…<\/p>\n","protected":false},"author":1,"featured_media":13920,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[3],"tags":[],"class_list":["post-13921","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t