‘10% extra tariff if…’: Trump's BRICS ultimatum to India, ‘any move to weaken US dollar and…' - Business News, Finance News, Share Market News - Market trendz

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Wednesday, 9 July 2025

‘10% extra tariff if…’: Trump's BRICS ultimatum to India, ‘any move to weaken US dollar and…'


US President Donald Trump has announced a 10% additional tariff on India, citing its growing ties with BRICS as the driving reason. Trump issued a stark warning to all BRICS nations, India, Brazil, Russia, China, and South Africa, declaring that any country supporting moves to reduce the dominance of the U.S. dollar in global trade will face an extra 10% tariff on their exports to the US.

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