The BRICS bloc has criticized rising tariffs and attacks on Iran in its latest summit declaration. Meeting in Rio de Janeiro on Sunday, the group also condemned NATO’s increased military spending and expressed concerns about global trade disruptions caused by tariffs.

President Trump said the U.S. would impose higher charges on imports from countries that follow the "anti-American policies" of major emerging economies including Brazil, China and Russia. "Any Country aligning themselves with the Anti-American policies of BRICS,

Trump, who raised the tariff threat on Sunday, said in a Tuesday cabinet meeting at the White House that the duty was on the way: "Anybody that's in BRICS is getting a 10% charge pretty soon ... If they're a member of BRICS,