US President Donald Trump said on Sunday that countries aligning with BRICS anti -American policies will pay an additional 10%rate.
“Any country that aligns with anti -American policies will pay an additional 10%tariff. There will be no exceptions to this policy. Thanks for your attention!” Trump said in a publication on the Social Truth.
Trump did not clarify or expand the reference to “anti -American policies” in its publication.
Brics
Currently with Eleven members officers, the group Brics – which Brazil presides and hosts this Sunday (6) the beginning of the annual summit in Rio de Janeiro – also has ten other partner nations.
Countries share with each other financial relationships and institutional cooperation. Together, based on World Bank data, BRICS has a US $ 24.7 trillion GDP (Gross Domestic Product), in addition to the largest territorial dimensions and populations.
The original group was born in 2009 and was composed by Brazil, Russia, India and China. The initial name was BRIC, is a reference to the initials of the four countries, culminated by English economist Jim O’Neil in 2001.
O’Neil, who at the time he worked as Goldman Sachs chief economist, wrote in a report entitled “Building Better Global Economic Brics”, pointing out the early four as emerging countries with growth and investment potential.
The “S” officially composed the class in 2011 with South Africa (South Africa). In recent years, members have increased.
Holding members
Sixteen years after the first BRICS summit, the group grew and today encompasses eleven member countries:
- Brazil
- Russia
- India
- China
- South Africa
- Saudi Arabia
- Egypt
- United Arab Emirates
- Ethiopia
- Indonesia
- Iran
Only between 2024 and 2025, six new immigrants were admitted. The expansion follows the statement of Johanesburg, made in August 2023. It also included an invitation to other countries, Like Argentina, which eventually refused.
In terms of foreign trade, BRICS is responsible for 24% of world exchangespoints out the beginning (trade balance and foreign trade statistics).
At the other end, as regards the territory, the group represents 48.5% of the planet’s populationwith the two largest countries at the demographic level: India and China.
(With information from Reuters and Maria Clara Matos, from CNN)
