President Donald Trump threatened to add a 10% tariff rate on BRICS-aligned countries. The term first applied to 4 countries but the group expanded.

Brazil, Russia, India, China, and South Africa—accusing them of trying to “undermine the dollar.” Trump declared a 10% tariff would hit any country aligning with BRICS or challenging U.S. currency dominance.

“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,” Mr. Trump said in a Truth Social post. He did not elaborate, nor did he say what BRICS policies he was referring to.