This is, according to a source familiar with the matter.

President Donald Trump said on Sunday that the United States (US) will impose an additional 10% tariff on any country aligning itself with so-called "anti-American policies" of the BRICS group of developing nations, triggering sharp denials from its members that they were oriented against the US.

"A line is being drawn. If policy decisions are made that are anti-American, then the tariff will be charged," said the source, who requested anonymity because they are not authorised to speak on the matter.
No executive order has been released by the White House.

Trump's announcement, made on his Truth Social media platform, came as India, Indonesia, and other countries within the BRICS group were negotiating last-minute trade deals with the US government ahead of a July 9 deadline when tariff rates had been scheduled to go up. The effective date for those tariffs has now been postponed until August 1.

Trade experts said the new tariff threat was aimed at maintaining and increasing pressure on countries seeking to avoid high tariffs proposed by Trump in April. Many BRICS members and partner countries are highly dependent on trade with the US.

--Reuters--