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Trump Threatens Extra 10% Tariff On BRICS Nations

Published

2 months ago

July 7, 2025

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US President, Donald Trump has warned that countries supporting BRICS policies that clash with US interests will face an additional 10% tariff.

“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 social media.

Trump, who has long criticised the BRICS alliance—comprising China, Russia, India and other emerging economies—has ramped up trade pressure as part of his economic strategy.

The US had set 9 July as a deadline for countries to finalise trade agreements.

However, according to US officials, tariffs will now kick in from 1 August.

Trump said he would begin sending letters to various countries, notifying them of the tariff rate they will face if no deal is reached.

Since returning to office in January, Trump has introduced multiple import tariffs, arguing they are necessary to protect American manufacturing and jobs.

Back in April, during what he dubbed “Liberation Day,” he rolled out a wave of new tariffs—some reaching as high as 50%—but later paused the more extreme measures to allow for negotiations until 9 July.

During this interim period, a general 10% tariff has been in place on goods entering the US from many of its global trade partners.

So far, Washington has only secured full trade agreements with the UK and Vietnam, alongside a partial deal with China.

Yet, the UK and the US are still at odds over tariffs on British steel.

Asked whether the tariff changes would take effect on 9 July or 1 August, Trump responded vaguely: “They’re going to be tariffs, the tariffs are going to be tariffs.”

He added that between 10 and 15 countries would receive letters on Monday outlining their new tariff rates if they don’t reach an agreement.

US Commerce Secretary Howard Lutnick later confirmed that the new tariffs will take effect on 1 August.

Trump also warned Japan last week that it could face a “30% or 35%” tariff if it fails to strike a deal with the US by Wednesday.

In May, the European Union was told it would face tariffs of up to 50% without an agreement in place.

Reports last week suggested the EU was considering a temporary arrangement to maintain a 10% tariff on most goods, while also negotiating to ease existing tariffs—such as the 25% tax on cars and car parts, and the 50% rate on steel and aluminium.

Last year, Brics expanded beyond its founding members—Brazil, Russia, India, China and South Africa—to include Egypt, Ethiopia, Indonesia, Iran, Saudi Arabia, and the United Arab Emirates.

Together, the bloc represents more than half of the world’s population and aims to elevate its global influence in opposition to Western powers.

In 2024, Trump threatened to impose 100% tariffs on BRICS countries if they proceeded with plans to launch a rival currency to the US dollar.

Sunday’s fresh threat came after BRICS finance ministers, meeting in Rio de Janeiro, denounced the US tariff strategy and proposed changes to the International Monetary Fund and global currency valuations.

They issued a statement warning that such tariffs pose a risk to the global economy by creating “uncertainty into international economic and trade activities.”

Andrew Wilson, deputy secretary general of the International Chambers of Commerce, said it would not be easy for countries to sever trade ties with China.

“Shifting away from China…in a number of sectors is far more difficult to achieve in the world in practice,” he said.

“You look at the dominance China has in a number of sectors—EVs, batteries [and] particularly rare earths and magnets, there are no viable alternatives to China production.”

(BBC)

Headline

42 Killed In Israeli Attacks, Says Gaza’s Civil Defense

Published

4 hours ago

August 24, 2025

Editor

Gaza’s civil defence agency reported at least 42 people killed in Israeli attacks on Sunday, as the Israeli army prepared for a new assault on the Palestinian territory’s largest city.

Civil defence spokesman Mahmud Bassal said there had been several air strikes around Gaza City — which the military is gearing up to capture — including one in the Al-Sabra neighbourhood that killed eight people.

Attacks were also reported elsewhere across the territory, he said, with the “total tally currently rising to 42 dead”.

The army did not immediately respond to a request for comment on the figure.

“The situation is extremely dangerous… Each day, each minute, there are bombings, martyrs, death and blood — we can’t take it anymore,” Al-Sabra resident Ibrahim Al-Shurafa told AFP, explaining strikes and shelling were ongoing.

“We don’t know where to go. Death follows us everywhere,” he added.

Media restrictions in Gaza and difficulties in accessing many areas mean AFP is unable to independently verify the tolls and details provided by the civil defence agency or the Israeli military.

The October 2023 Hamas attack on Israel that sparked the war resulted in the deaths of 1,219 people, mostly civilians, according to an AFP tally based on official figures.

Israel’s offensive has killed at least 62,686 Palestinians, most of them civilians, according to figures from the health ministry in Hamas-run Gaza that the United Nations considers reliable.

AFP

Headline

Venezuela Frees Eight Opposition Leaders

Published

4 hours ago

August 24, 2025

Editor

Venezuelan authorities released eight opposition leaders from jail early Sunday, including a former congressman and two Italian citizens, and granted house arrest to five others, an opposition politician said.

Most of those released had been charged with corruption in opposition-run mayoral offices.

Also set free was Congressman, Amirico de Grazia, detained amid protests that erupted during President Nicolas Maduro’s reelection in 2024.

“Today, several families are once again embracing their loved ones. We know there are many left, and we have not forgotten them; we continue to fight for everyone,” two-time former presidential candidate Henrique Capriles said on X.

Opposition leaders Victor Jurado, Simon Vargas, Arelis Ojeda Escalante, Mayra Castro, Diana Berrio, Gorka Carnevalli, as well as Italian nationals Margarita Assenzo and de Grazia were released, Capriles said.

Nabil Maalouf, Valentin Gutierrez Pineda, Rafael Ramirez, Pedro Guanipa, and David Barroso were placed under house arrest.

The Italian government confirmed the release of de Grazia and Assenzo, who must appear in court to clarify the conditions of their release. It also vowed to continue working on securing the release of other detained Italians.

“We have always said, and we maintain it: we will talk to whomever we need to talk to so that there is not a single political prisoner in our Venezuela!” Capriles added.

AFP

Headline

Russia, Ukraine Exchange Prisoners Of War, Civilians

Published

4 hours ago

August 24, 2025

Editor

Russia and Ukraine each sent back more prisoners of war on Sunday in the latest in a series of exchanges that have seen hundreds of POWs released this year, the two sides said.

Large-scale prisoner exchanges were the only tangible result of three rounds of talks between Russia and Ukraine in Istanbul between May and July.

They remain one of the few areas of cooperation between the two countries since Russia’s offensive began in 2022.

“On August 24, 146 Russian servicemen were returned from the territory controlled” by Kyiv, the Russian defence ministry said on Telegram.

“In exchange, 146 prisoners of war of the Ukrainian Armed Forces were transferred” to Ukraine, it added. Ukraine did not confirm any figures for the release.

Russia also said that “eight citizens of the Russian Federation—residents of the Kursk region, illegally detained” by Kyiv were also returned.

Ukrainian forces launched a surprise incursion into Russia’s Kursk region in August last year, seizing hundreds of square kilometres (miles) of territory in a major setback for the Kremlin.

Russia deployed thousands of troops from its ally North Korea as part of a counterattack but did not fully reclaim the region until April.

Among the Ukrainians released on Sunday was journalist Dmytro Khyliuk, President Volodymyr Zelensky said.

Khyliuk was kidnapped in the Kyiv region in March 2022. He is finally home in Ukraine,” Zelensky said on social media.

Also freed was former Kherson mayor Volodymyr Mykolayenko, “who spent more than three years in captivity,” Zelensky’s aide Andriy Yermak wrote on X.

“In 2022, he was on the list for return, but Volodymyr voluntarily refused to be exchanged in favour of a seriously ill prisoner with whom he was sharing a cell in a Russian prison,” Yermak said.

AFP