Trump Threatens 10% Tariff Hammer on BRICS-Aligned Nations in Bold Anti-American Pushback

Trade wars just got hotter—and more expensive. Former President Trump vows to slap a punitive 10% tariff on any nation backing BRICS’ economic revolt against the U.S. Dollar’s dominance.

Geopolitical poker meets mercantilism: The move targets the growing alliance of Brazil, Russia, India, China, and South Africa—now flexing their de-dollarization muscles. Expect collateral damage in commodities, forex markets, and crypto (because of course).

Wall Street’s reaction? Probably another yacht purchase—volatility is their favorite commission generator.

A number of trade deals are expected soon

US Treasury Secretary Bessent, speaking on CNN’s “State of the Union” Sunday, said that a series of significant trade announcements could be expected soon. He noted that talks with the EU have progressed well.

Bessent also explained that Trump plans to send letters to about 100 smaller trading partners to inform them that without an agreement, their tariffs will revert to the higher levels initially set for 2nd April and then delayed till 9th July. “If you don’t MOVE things along, then on August 1, you will boomerang back to your April 2 tariff level,” he said, adding that these deadlines should spur rapid deals.

Since coming back to the Oval, Trump’s tariff measures have ignited an international trade dispute, unsettling financial markets along with prompting many governments to seek protective measures or new agreements, both with America and among themselves.

Kevin Hassett, head of the National Economic Council at the WHITE House, told CBS’s “Face the Nation” that there could be some flexibility for countries making sincere progress in negotiations. “There are deadlines, and there are things that are close,” he said, suggesting that if talks continue successfully, Trump might allow extensions past the August 1 deadline.

Trump himself has repeatedly indicated that India is near an agreement and has expressed Optimism about reaching a trade deal with EU, while staying doubtful about the prospects of a trade pact with Japan.

In Southeast Asia, Thailand has moved quickly to avoid a looming 36 percent tariff. Meanwhile, an Indian news channel, CNBC-TV18, reported Sunday that New Delhi and Washington are expected to decide on a modest trade agreement within the upcoming 24 – 48 hours.

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