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.

The White House concluded that non-tariff methods for punishing Brazil would take too long, two people familiar with the situation said.

US president vowed to impose added tariffs of 10 per cent on imports from Brics members for pursuing 'anti-American policies' The leaders of Brics nations remained silent on Monday in the face of US President Donald Trump's latest tariff threat against the bloc,