Trumps threatens additional 10% tariff on countries aligning themselves with BRICS’ policy President Donald Trump has threatened to impose an additional 10% tariff on countries supporting policies being pursued by the BRICS grouping. "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," the US leader warned on his Truth Social media platform. Brazil is hosting the 17th BRICS summit. The agenda includes healthcare, trade, investment, finance, and climate change issues, as well as AI management, and the strengthening of peace and security. Read More : https://ho1.us/2025/07/brazils-rio-de-janeiro-set-to-welcome-brics-summit-participants/

Saudi Arabia officially joins BRICS Saudi Arabia has officially joined BRICS as a full-fledged member, the kingdom’s state-run news channel Al Ekhbariya reported. "The kingdom’s full membership of BRICS grouping comprising Russia, China and other countries has begun which strengthens its global positions," the TV channel said.