Trump, tariff
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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.
President Trump said Friday he plans to make a “major statement” on Russia early next week — as the Senate considers legislation to force his hand on sanctions after months of threats from the commander-in-chief.
The letters listed a range of tariffs. Goods entering the U.S. from Japan, South Korea, Malaysia, Kazakhstan, and Tunisia will be subject to a 25 percent levy. There will be a 30 percent levy on South African and Bosnian goods, while imports from Indonesia will be subject to a 32 percent rate.
Trump announces plans for 10% tariff on BRICS alliance members, calling them "anti-American" while the bloc criticizes unilateral tariffs and attacks on nuclear facilities.
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The Western Journal on MSNTrump Issues Threat to Russia, China, Other BRICS Countries: 'There Will Be No Exceptions'U.S. President Donald Trump on Sunday threatened to impose additional tariffs on any group linked with the BRICS intergovernmental organization after the group expressed "serious concerns" about him unilaterally imposing tariffs.
President Trump and Congress are threatening harsh sanctions against Moscow for its three-year war in Ukraine.