On July 6, 2025, Donald Trump announced on Truth Social that he will impose a 10% additional tariff, with no exceptions, on countries supporting the “anti-American” policies of the BRICS bloc (Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran, United Arab Emirates).
This threat followed the BRICS 2025 Summit, which condemned U.S. tariff policies and attacks on Iran.
Trump stated that tariff letters would be sent starting July 7, 2025, with the tariffs effective from August 1, 2025, targeting countries without trade agreements with the U.S. This move reflects Trump’s concerns about BRICS’ growing influence and their efforts to challenge the U.S. dollar’s dominance.