Trump threatens 10% tariff for ‘anti-American’ BRICS policies

“Any country is in line with the anti -American BRICS policies, an additional tariff will be charged with an additional 10 %.” “There will be no exceptions to this policy.”

The comments come at a time when the United States is preparing to send tariff messages to dozens of countries in the coming days, with the Trump administration expiration for 90 days at higher duties to end on Wednesday. Trump said in a separate publication that the messages would start delivering them on Monday, Washington time.

Brex, a group of nations that include Brazil, Russia, India, China and South Africa, at the end of the week, condemned the leaders of the American and Israeli attacks on Iran and called on the government of Prime Minister Benjamin Netanyahu to withdraw forces from the Gaza Strip. They urged the “Adel and Dalm” decision of conflicts throughout the Middle East. Chinese Prime Minister Lee Qiang and Indian Prime Minister Narendra Modi were among those who attended.

Trump’s publication did not specify the policies he considered “anti -America”, and no details were provided about when any of this tariff may be imposed.

“Trump’s comments are a warning snapshot of the emerging market countries looking to go to the path of the Brexes alignment,” said Mingh Wu, a trader at Stonex Financial Company, adding that it is possible in response to what Brex said about Gaza.

The main commercial partners in the United States are racing to secure trade agreements or pressure an additional time before the deadline on July 9. Treasury Secretary Scott Payett indicated that some countries that have no deals in place can have a three -week extension option to negotiate, although the fees are entered on August 1.

In a joint statement issued on Sunday, the leaders of Brazil agreed to condemn the military strikes against Iran, a member of Brex, since June 13, when Israel began attacks that culminated in the American air anger after nine days.

The bloc of 10 members of the emerging markets also expressed “great concern about the situation in the occupied Palestinian territories”-which led to Israeli attacks and obstructing the entry of humanitarian aid to Gaza, which is something that Israel denies-while he called for a permanent and unreliable endowment, in addition to issuing all misleading.

Chinese Prime Minister Lee said that the BRICS countries should take the initiative to advance reforms in global rule and defend a peaceful solution to international conflicts.

“Today’s world is more turbulent, with the height of unilateral and fever.” “China is ready to work with the BRICS countries to enhance global governance in a more rational, effective and organized direction.”

The Chinese Foreign Ministry did not immediately respond to a request to request a comment on the last Trump position. The Indian Ministry of Trade and Industry refused to comment.

Hario Le Limsito, a spokeswoman for the Ministry of Coordination in Indonesia, said that the government “does not suspend” specifically on Trump’s statements about the additional customs tariffs on the BRICS countries. “The team is still working. We hope that Indonesia and the United States will find the best solution,” he said.

Trump previously threatened 100 % slaps on the BRICS if it got rid of the US dollar in bilateral trade. The reaction, in turn, stimulated the benefit to develop local payment systems and other tools that can facilitate trade and investment between countries.

On Sunday, the BRICS leaders agreed to continue the talks on a boundary payment system for trade and investment-a project they discuss for a decade, although progress was slow.