2025-07-07 16:55:09
Business
Asia

How BRICS Nations Respond to Trump's Tariff Threats Amid Trade Disputes

Recent tensions between the United States and BRICS nations have escalated following critical remarks about U.S. trade policies. President Donald Trump has threatened to impose additional tariffs, specifically targeting countries aligning with BRICS policies. The BRICS group, comprising Brazil, Russia, India, China, and South Africa, along with newer members like Egypt and Saudi Arabia, criticized the U.S. for unilateral tariffs at their summit in Brazil. They expressed concerns that such measures distort global trade and violate World Trade Organization rules.

Trump announced plans to send tariff letters to numerous countries, warning of potential increases ranging from 10% to 70%. While the exact nations targeted remain unspecified, the move underscores his administration's hardline stance on trade. The European Union, among others, faces uncertainty, with deadlines for resolving tariff disputes fast approaching.

The BRICS summit emphasized multilateral cooperation and reform of global governance structures. Leaders, including Brazil's President Luiz Inácio Lula da Silva, advocated for a more democratic United Nations and addressed pressing issues such as climate change and trade. The group seeks to counterbalance U.S.-led initiatives, aiming to create a multipolar world order.

Despite the looming threat of increased tariffs, BRICS leaders have refrained from direct retaliation, instead promoting dialogue and collaboration. Meanwhile, U.S. officials have indicated that the new tariffs will not take effect until August 1, allowing for continued negotiations. This development highlights the ongoing complexities and uncertainties in international trade relations, as countries navigate protectionist policies and efforts to maintain global economic stability.

AFP
7. Juli 2025 um 02:57

Trump threatens additional tariffs after Brics criticism

US President Donald Trump has announced that he will impose additional tariffs on all countries that approach the Brics alliance. The measure follows the criticism of his trade policy by the Brics countries at a summit in Brazil. Trump had already imposed high tariff surcharges on numerous countries, which are now said to be between 10 and 70 percent. The deadline for a negotiation phase expires for some countries on Tuesday.
New York Times - Politics
7. Juli 2025 um 13:15

Trump Threatens Extra Tariffs on BRICS-Aligned Countries

President Trump threatened an additional 10% tariff on countries aligning with BRICS policies after the group expressed concerns over unilateral tariffs. The statement by BRICS criticized US foreign policies and military strikes on Iran, which it called a 'violation of international law'. It is unclear which nations are affected by Trump's threat, but he has previously warned BRICS nations about replacing the US dollar as a reserve currency with a 100% tariff.
EL PAÍS
7. Juli 2025 um 18:38

Trump threatens additional 10% tariff on countries aligning with BRICS

BRICS rejects Trump's tariffs, promoting multilateralism and cooperation. Lula da Silva draws parallels between BRICS and the Non-Aligned Movement, highlighting their commitment to global governance reform. China and Russia criticize tariff increases, while India and South Africa emphasize cooperation within BRICS. The Rio de Janeiro summit aims to counterbalance US-led initiatives, focusing on UN Security Council reforms. Leaders reject Trump's 10% tariff increase for countries aligning with..
World - South China Morning Post
7. Juli 2025 um 16:05

Brics leaders hold off responding to Trump’s threat to raise US tariffs against member nations

Brics leaders have declined to publicly respond to President Trump's threat to impose 10% tariffs on imports from member nations. The threat was made in response to Brics' condemnation of tariffs and protectionism, which the US claims is 'anti-American'. Leaders from Brazil, China, and Russia have hinted at a response but so far none have spoken directly about the issue.
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