“Any Country aligning themselves with the Anti-American policies of BRICS, will be charged an ADDITIONAL 10% Tariff. There will be no exceptions to this policy,” Mr. Trump said in a Truth Social post. He did not elaborate, nor did he say what BRICS policies he was referring to.

Trump said the U.S. will impose an additional 10% tariff on any countries aligning themselves with the "Anti-American policies" of the BRICS group of developing nations, whose leaders kicked off a summit in Brazil.

Donald Trump has threatened an additional 10 per cent tariff on countries that align themselves with the Bric alliance. The US President described moving towards the emerging bloc as "anti-American" and warned there would be no exception to the rule.