Trump Threatens Tariffs on BRICS Allies Amid Push for Alternative System
Main Idea
U.S. President Donald Trump has threatened to impose an additional 10% tariff on countries supporting BRICS’ anti-American policies, as the bloc criticizes U.S. tariff policies in the Rio de Janeiro Declaration.
Key Points
1. Trump warned of a 10% tariff on countries aligning with BRICS’ anti-American policies, with no exceptions.
2. The BRICS Rio de Janeiro Declaration criticized U.S. tariff policies as inconsistent with WTO rules.
3. BRICS member states insist only the WTO should handle trade disputes, rejecting unilateral actions.
4. Trump’s threat comes ahead of the July 9 deadline for the expiration of a 90-day import measure.
5. The White House indicated these tariffs are part of efforts to exert economic pressure on BRICS allies.
Description
U.S. President Donald Trump has threatened to impose an additional 10% tariff on countries supporting BRICS’ anti-American policies. Trump Slams BRICS’ Anti-American Policies U.S. President Donald Trump has threatened to impose an additional 10% tariff on countries aligning with the BRICS economic bloc in its endeavors to establish an alternative economic system. Writing on Truth
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