U.S. President Donald Trump has threatened a 10% tariff on all BRICS member countries, claiming the bloc was "set up to hurt" the United States by undermining the dollar.
“Anybody that's in BRICS is getting a 10% charge,” Trump said during a Cabinet meeting on Tuesday. “They have to pay 10% if they're in BRICS because BRICS was set up to degenerate our dollar and take it off as the standard. If they want to play that game, I can play that game too.”
He suggested BRICS members would face extra trade costs just for being part of the group. “They won’t be a member alone,” he said.
Trump also signalled a major escalation in tariffs on other sectors:
Pharmaceuticals: Up to 200% tariffs on imports, which he said could come “very soon” but would allow a phase-in period of up to 18 months.
Copper: A 50% tariff would be imposed, though no implementation date was given.
Turning to Europe, Trump claimed the EU had softened its approach under pressure: “They treated us very badly until recently. Now they’re treating us very nicely.” He said a letter was being prepared that “means a deal” could be close.
He also renewed criticism of South Korea, calling the longstanding U.S. troop presence there a “tremendous loss” and demanding Seoul pay $10 billion annually. “They went crazy, but they agreed,” Trump claimed, referencing 45,000 U.S. troops stationed there.
The comments mark Trump’s sharpest trade threats since returning to office and come amid rising tensions over global supply chains, currency policies, and multipolar alliances like BRICS.
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The 30 June edition of AnewZ's Prime Time explored the fragile ceasefire between Iran and the U.S., as conflicting statements about possible talks in Doha fuelled uncertainty over the future of negotiations.
The 1 July edition of AnewZ's Daybreak examined the European Union's growing engagement in the South Caucasus ahead of European Commission President Ursula von der Leyen's visit to Azerbaijan. It explored the bloc's priorities in energy, connectivity and regional cooperation.
The 2 July edition of AnewZ's PrimeTime explored major geopolitical developments across the Middle East and the South Caucasus.
The 3 July edition of AnewZ's Daybreak focused on major international developments, from escalating tensions in Ukraine and the Middle East to Europe's evolving security role and growing geopolitical engagement in the South Caucasus.
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Mexico's national football team has returned luxury Rolex watches gifted by American content creator Stevewilldoit after concerns that they could conflict with FIFA's ethics rules.
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President Donald Trump said Iran is keen to reach a deal with the United States, claiming Washington had paused engagement to allow funeral ceremonies for late Iranian Supreme Leader Ali Khamenei.
Thousands of mourners gathered in Tehran on Sunday as Iran held funeral prayers for Ayatollah Ali Khamenei and four members of his family on the second day of mass processions. Three of Khamenei's sons attended the ceremony, while his successor, Mojtaba Khamenei, made no public appearance.
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The United States has confirmed that a previously delayed troop rotation to Poland will resume within weeks, reassuring Warsaw after months of uncertainty over the future of the American military presence in the country.
Maritime trade between Iran and Qatar has resumed after a suspension of around five months, according to Iran's commercial attaché in Doha. Shipping between the two countries restarted following coordination between Iranian and Qatari authorities.
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