BRICS members, including India, will have to pay 10% extra tariff: Donald Trump

US President Donald Trump on Tuesday said that members of the BRICS bloc, including India, will be subject to 10% additional tariffs.

“BRICS was set up to hurt us, degenerate our dollar and take it off as a standard. That’s okay if they want to play that game. But I can play that game too. Anybody that’s in BRICS is getting a 10% charge. If they are a member of BRICS, they are going to have to pay 10% tariff,” Trump told reporters.

This comes a day after Trump warned of an additional 10% tariffs on countries that align with BRICS, a bloc comprising ten countries – Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran, and the United Arab Emirates.

“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 social media platform, Truth Social.

Earlier this week, the leaders of BRICS countries met in Rio de Janeiro, Brazil, to voice “serious concerns” about the rise of unilateral tariff and non-tariff measures which distort trade and are inconsistent with WTO (World Trade Organization) rules.

The BRICS leaders reiterated their support for the rules-based, open, transparent, fair, inclusive, equitable, non-discriminatory, consensus-based multilateral trading system with the WTO at its core, with special and differential treatment for its developing members.

"The multilateral trading system has long been at a crossroads. The proliferation of trade-restrictive actions, whether in the form of indiscriminate rising of tariffs and non-tariff measures, or protectionism under the guise of environmental objectives, threatens to further reduce global trade, disrupt global supply chains, and introduce uncertainty into international economic and trade activities, potentially exacerbating existing economic disparities and affecting prospects for global economic development,” the statement said.

The reciprocal tariffs announced by Trump will come into effect on August 1, 2025.

Trump has already shot off tariff letters to 14 countries including Bangladesh, Cambodia, Indonesia, Myanmar, Malaysia, Thailand, Japan, Korea, South Africa, Kazakhstan, Laos, Tunisia, Serbia and Bosnia and Herzegovina.