“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,” Mr. Trump said in a Truth Social post. He did not elaborate, nor did he say what BRICS policies he was referring to.

US President Donald Trump says countries that side with the polices of the Brics alliance that go against US interests will be hit with an extra 10% tariff."Any country aligning themselves with the Anti-American policies of BRICS,

Asian equities started the week on a downbeat note, as remarks by President Trump stirred up already-tense markets bracing for tariffs to hit dozens of countries this week.