Brazilian President Lula responded to Trump’s tariff threats by saying the world does not ‘want an emperor’ who lashes out over the internet.
United States President Donald Trump has threatened to hike tariffs against the BRICS economic bloc after the group offered indirect criticism of trade wars and the recent military attacks in Iran.
On Monday, Trump took aim at the 10-member bloc, which seeks to strengthen emerging economies, framing its interests as adversarial to the US’s.
“Any Country aligning themselves with the Anti-American policies of BRICS, will be charged an ADDITIONAL 10% Tariff,” Trump wrote in a post. “There will be no exceptions to this policy. Thank you for your attention to this matter!”
BRICS is named for its founding members, Brazil, Russia, India, China and South Africa. But it has grown to include other countries, such as Indonesia, Egypt, Iran and the United Arab Emirates.
