BRICS nations slam Trump tariffs

AFP :

BRICS leaders at a summit on Sunday took aim at US President Donald Trump’s “indiscriminate” import tariffs and recent Israeli-US strikes on Iran.

The 11 emerging nations — including Brazil, Russia, India, China and South Africa — account for about half the world’s population and 40% of global economic output.

The bloc is divided about much, but found common cause when it comes to the mercurial US leader and his stop-start tariff wars — even if it avoided naming him directly.

Voicing “serious concerns about the rise of unilateral tariff” measures, BRICS members said the tariffs risked hurting the global economy, according to a summit joint statement.
Trump fired back at the bloc directly on social media Sunday night.

“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,” Trump wrote on his Truth Social platform.

Earlier, BRICS also offered symbolic backing to fellow member Iran, condemning a series of military strikes on nuclear and other targets carried out by Israel and the United States.
In April, Trump threatened allies and rivals alike with a slew of punitive duties, before offering a months-long reprieve in the face of a fierce market sell-off.

Trump has warned he will impose unilateral levies on partners unless they reach “deals” by August 1.

In an apparent concession to US allies such as Brazil, India and Saudi Arabia, the summit declaration did not criticize the United States or its president by name at any point.
Conceived two decades ago as a forum for fast-growing economies, the BRICS have come to be seen as a Chinese-driven counterbalance to US and western European power.

But as the group has expanded to include Iran, Saudi Arabia and others, it has struggled to reach meaningful consensus on issues from the Gaza war to challenging US global dominance.
BRICS nations, for example, collectively called for a peaceful two-state solution to the Israel-Palestinian conflict — despite Tehran’s long-standing position that Israel should be destroyed.

An Iranian diplomatic source said his government’s “reservations” had been conveyed to Brazilian hosts. Still, Iran — a BRICS member since 2023 — stopped short of rejecting the statement outright.