U.S. President Donald Trump said on Tuesday the U.S. would "pretty soon" charge a 10% tariff on imports from BRICS countries, drawing another complaint from Brazil President Luiz Inacio Lula da Silva,

US President Donald Trump has announced a 50 percent tariff on Brazilian imports as he accused the country's leftist leadership of orchestrating a "witch hunt" against his right-wing ally, former leader Jair Bolsonaro.

Despite the China-backed initiative making limited progress, dozens of nations are still eager to join.US President Donald Trump is doubling down against the BRICS bloc of fast-growing economies -- including Brazil,

BRICS, formed in 2009, is the only major international group of which the US is not a part. Its other members are South Africa, Iran, Egypt, Ethiopia, and the United Arab Emirates.

The White House concluded that non-tariff methods for punishing Brazil would take too long, two people familiar with the situation said.

As US President Donald Trump wages a trade war across the globe, a new target has come into his line of fire: the BRICS group of emerging major economies.

Trump’s new tariff letters have sent shockwaves across global markets as he targets 22 countries with tough new trade threats just weeks before the August 1 deadline. From close allies like Japan and South Korea to BRICS nations like Brazil and South Africa,

Washington: President Donald Trump has claimed that BRICS was established to “hurt" the US and "degenerate" the dollar as he warned that the member countries of the bloc would face a 10 per cent tariff.