Trump took aim at the BRICS bloc, threatening higher tariffs on the group. The bloc's core members include Brazil, Russia, India, China, and South Africa.Trump has taken issue with the bloc in the past over efforts to de-dollarize their economies.

Trade restrictions may worsen ‘economic disparities’ and affect ‘prospects for global economic development’: Brics declaration.

Donald Trump warned on Sunday that any country aligning with what he described as the “anti-American” policies of the Brics bloc would face an additional 10 per cent tariff. “There will be no exceptions to this policy,” the US president declared on his Truth Social platform without specifying any nation or policy.