đš Trumpâs BRICS Tariff Threat Shakes Global Trade (Dec 2025)
In July 2025, President Donald Trump warned of an extra 10% tariff on countries aligning with what he called âanti-Americanâ BRICS policies. The statement came during the BRICS summit in Brazil, raising fresh trade uncertainty.
đŹ Whatâs happening now?
âą No new BRICS-specific tariff yet
âą Existing broad tariffs remain active
âą Legal challenges are under Supreme Court review
âą Trade talks continue with shifting deadlines
đ BRICS response:
Members rejected the accusation and stressed multilateral trade cooperation.
đ Market impact:
Earlier tariff threats caused volatility, pushing investors toward gold & defensive assets.
â ïž Why it matters:
Ongoing trade tension could disrupt supply chains, raise consumer costs, and slow growthâkeeping markets cautious into late 2025.