Today, President Donald Trump threatened new tariffs on any country supporting the “anti-American” policies of the BRICS group.
The President took to Truth Social on Sunday stating, ““Any 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.”
The comments come as the BRICS group released a joint declaration, called “Strengthening Global South Cooperation for More Inclusive and Sustainable Governance” which takes aim at Trump’s trade policies.
The group stated that the declaration was developed after “months of intense coordination, with over 200 meetings held and 200 new cooperation mechanisms created or reinforced in areas such as eradicating hunger, tackling climate change, and emerging technologies.”
“We want to reaffirm our commitment to the BRICS spirit of mutual respect and understanding, sovereign equality, solidarity, democracy, openness, inclusion, collaboration and consensus. Building upon the past 17 BRICS Summits, we are now extending our commitment to strengthening cooperation within the expanded BRICS, based on three pillars of cooperation: politics and security, economy and finance, and cultural and people-to-people cooperation. We are also enhancing our strategic partnership to benefit our peoples by promoting peace, a fairer and more representative international order, a revitalized and reformed multilateral system, sustainable development, and inclusive growth.”
The BRICS group also expressed symbolic support for Iran, a fellow member, by condemning a series of military strikes on the country, without explicitly naming Israel or the U.S.
The BRICS group, gathering in Rio this week, has unified around the idea that global power should shift to mirror current economic conditions. Their aim is to foster a “multipolar’ world, reducing West-led dominance.
The founding members of the BRICS group are Brazil, Russia, India, China, and South Africa. However, in recent years, the group has expanded to include Egypt, Ethiopia, Indonesia, Iran, and the United Arab Emirates as members, along with lower-level partner countries such as Belarus, Nigeria, Thailand, and Vietnam.
By CEO NA Editorial Staff
