US President Donald Trump on Tuesday reiterated that nations part of the Brics are going to be faced with 10 per cent tariff rates soon, saying that the bloc was set up to hurt America.
"Anybody that’s in Brics is getting a 10 per cent charge pretty soon," Trump said while speaking to the media at the White House.
This came a day after the White House announced that Trump views the Brics alliance as a growing threat to American interests and has pledged to take all necessary steps to ensure the US is "fairly treated on the world stage".
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