• Home
  • News
  • Entertainment
  • Tech
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
Federal Character
No Result
View All Result
Federal Character
  • Home
  • News
  • Entertainment
  • Tech
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
No Result
View All Result
Federal Character
No Result
View All Result
Trump Threatens BRICS With 10% Tariff Hike

Trump Threatens BRICS With 10% Tariff Hike

Somto NwanoluebySomto Nwanolue
10 months ago
in Government
Reading Time: 2 mins read
A A
0
Facebook ShareWhatsapp ShareX Share

U.S. President Donald Trump has declared that any country aligning with BRICS policies against American interests will face an additional 10% tariff, delaying his original July 9 deadline to August 1 for negotiations. The warning, issued via Truth Social, escalates global trade tensions as the administration pressures nations to abandon economic partnerships with the China and Russia-led bloc.

The White House will dispatch notices to 10-15 countries this week detailing potential tariff rates unless they strike deals. Treasury Secretary Scott Bessent reported a surge in last-minute proposals, citing “a busy couple of days” as nations scramble to avoid penalties. Thus far, only the UK, Vietnam, and China have secured partial agreements—with Britain still haggling over steel tariffs and the EU negotiating to maintain 10% rates on most exports while reducing 25% auto duties.

Table of Contents

Toggle
  • BRICS in the Crosshairs
    • The Key agreements so far:

Trump Threatens BRICS With 10% Tariff Hike
BRICS in the Crosshairs

Trump’s latest salvo targets the expanded BRICS alliance—now including Egypt, Iran, and Saudi Arabia—which represents half the global population. The group recently condemned U.S. tariffs as destabilizing to the IMF system and world trade during a Rio de Janeiro summit. The threat follows Trump’s April “Liberation Day” rollout of 50% steel/aluminum tariffs and a since-suspended plan for 100% BRICS duties if members pursued a dollar rival.

International Chambers of Commerce’s Andrew Wilson warned that decoupling from Chinese supply chains—dominant in EVs, batteries, and rare earth minerals—remains impractical despite U.S. pressure.

The Key agreements so far:
  • For the UK: 10% car tariffs (from 27.5%) for 100K vehicles; zero aerospace taxes
  • For Vietnam: 20% import tax on Vietnamese goods vs. 0% for U.S. exports; 40% on trans-shipped products
  • For China: Partial cuts from 145% to 30% on select U.S. imports

As the August 1 deadline nears, the moves signal Trump’s “America First” playbook is entering a more aggressive phase—with the BRICS bloc emerging as its primary battleground.

Tags: BRICSfederal characterForeign NewsgovernmentNewsTariff Hiketrump
Share234SendTweet146
Somto Nwanolue

Somto Nwanolue

Somto Nwanolue is a news writer with a keen eye for spotting trending news and crafting engaging stories. Her interests includes beauty, lifestyle and fashion. Her life’s passion is to bring information to the right audience in written medium

Related Stories

Iran Has Caused Billions in Damage to US Military Bases

Iran Has Caused Billions in Damage to US Military Bases

byEriki Joan Ugunushe
0

While the U.S. and Israel initiated the conflict on February 28, the Iranian counter-response has been surgically focused on American infrastructure. According to insiders, Iran Has Caused Billions...

Under Trump, Green Card Seekers Face New Scrutiny for Views on Israel

Under Trump, Green Card Seekers Face New Scrutiny for Views on Israel

byEriki Joan Ugunushe
0

For decades, the green card was the reward for those who "followed the rules." However, new internal training materials indicate that under Trump, Green Card seekers face new...

Mali’s Defence Minister General Sadio Camara Killed in Rebel Siege

Mali’s Defence Minister General Sadio Camara Killed in Rebel Siege

byEriki Joan Ugunushe
0

In a coordinated offensive that has redefined the reach of armed groups in Africa, General Sadio Camara was killed during a suicide car bomb assault on his residence...

US Officials Identify Suspect In High-Profile White House Dinner Shooting

US Officials Identify Suspect In High-Profile White House Dinner Shooting

byAyobami Owolabi
0

Cole Tomas Allen, a 31-year-old teacher and video game developer from Southern California, has been identified as the suspect behind the shooting incident near the White House Correspondents’...

Next Post
‘No Going Back’: How a Leak and AI Images Are Fueling Trump's Most Controversial Crusade

US to Deport Thousands as Trump Ends TPS for Hondurans, Nicaraguans

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

We bring to you precise and factual news

Recent Posts

  • Michael Jackson Biopic Tops Box Office With $97 Million Debut
  • Iran Has Caused Billions in Damage to US Military Bases
  • Under Trump, Green Card Seekers Face New Scrutiny for Views on Israel

Categories

  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Sports
  • Tech

Weekly Newsletter

  • About
  • Advertise With Us
  • Cookie Policy

Copyright © FederalCharacter.com 2026 .

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
  • Entertainment
  • Tech
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health

Copyright © FederalCharacter.com 2026 .