The growing BRICS group gathered in Rio de Janeiro, Brazil for the 17th BRICS Summit on Sunday, and signed a joint declaration encompassing 126 commitments covering global governance, finance, health,

RIO DE JANEIRO (Reuters) -Diplomats from the BRICS group of developing nations have agreed on a joint declaration of their leaders at a summit in Rio de Janeiro this week, three people familiar with the talks said on Saturday.

By Lisandra Paraguassu and Manuela Andreoni RIO DE JANEIRO -Leaders of the growing BRICS group of developing nations met in Brazil on Sunday, calling for reform of traditional Western institutions while presenting the bloc as a defender of multilateral diplomacy in an increasingly fractured world.

Any country aligning themselves with the anti-American policies of BRICS will be charged an additional 10% tariff."

China announced on Monday, July 7, 2025, that the BRICS group is not pursuing "confrontation" following Trump's tariff warning.

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.