#TrumpTariffs 📰 🚨Trump's BRICS Tariff Threat Sparks Global Trade Uncertainty (Updated December 2025)
President Donald Trump threatened in July 2025 to impose an additional 10% tariff on any country aligning with what he called "Anti-American policies" of the BRICS bloc, with no exceptions. The warning came amid the group's summit in Rio de Janeiro and ongoing U.S. negotiations for reciprocal trade deals.
U.S. Treasury Secretary Scott Bessent indicated that tariffs could revert to higher levels announced in April if no agreements are reached, though deadlines have shifted (originally July, extended toward August). As of late 2025, broad tariffs remain in place, with ongoing legal challenges and negotiations; no immediate new BRICS-specific levy has been enacted beyond baseline duties.
Latest Developments:📈
The threat followed BRICS leaders' criticism of unilateral tariffs and calls for global trade reforms.
BRICS members (including Brazil, Russia, India, China, South Africa, and newer additions like Iran and Indonesia) rejected the "anti-American" label, emphasizing multilateralism.
Trump's administration has used tariff pressure to secure deals with countries like the UK, Vietnam, and others, while broader implementation continues amid Supreme Court review of legal authority.
Global markets experienced volatility earlier in the year from initial tariff announcements, with safe-haven assets like gold rising during escalations.
Why it matters:🤷 Escalating trade tensions risk disrupting supply chains, increasing costs for consumers, and slowing growth in export-dependent economies. While some deals have eased immediate pressures, uncertainty persists into late 2025, driving investors toward defensive assets amid fears of prolonged friction with emerging markets.
