Bricks
US President Donald Trump has announced a 25 percent tariff against Japan and South Korea. Which will come into effect from 1 August. Also, the White House said that the deadline of tariff poses has been postponed till 1 August. On the other hand, the news has come another. It was being said that the Trump government can announce 10 percent tariff by taking big action on BRICS. Which can now be avoided. The news has come out of the corridors of the White House that America will not mess directly from BRICS. If a country takes an anti -American policy decision and it is in BRICS, then 10 percent tariff will be imposed on it. By the way, no official statement of the White House has been revealed on this. Let us also tell you what kind of things have come out.
No direct action on BRICS countries
The foreign media report quoted a source familiar with the case as saying that the Trump administration does not intend to impose 10 per cent tariffs against the members of the developing nation BRICS block, but if different countries take so-called “anti-American” policy action, tariffs will be imposed. Late on Sunday night, President Donald Trump said that the US would impose an additional 10 per cent tariffs on any country associated with the so -called “anti -America policies” of the BRICS group of developing countries, making its members sharp that they were against the United States.
In the media report, the source requested not to name the name and said that a line is being drawn. If policy decisions are taken which are anti -America, then tariffs will be imposed. This announcement of Trump on Truth Social late Sunday night came at a time when India, Indonesia and other countries of the BRICS group are interacting with the US government at the last -time before the July 9 deadline for increase in tariff rates.
Are Trump scared of BRICS?
Now the biggest question is whether Donald Trump got scared of BRICS countries? According to experts, at present, BRICS has become a big group. In which India and Brazil are not only with China and Russia, as well as more members with South Africa. There are 30 more who want to join the BRICS. This means that the clash of BRICS can belong to 40 countries in the coming few years. This means that the group larger than NATO and European union can be according to the number.
Also, the economy of India, Brazil and South Africa is continuously increasing. All these three countries are being considered as the big economy of Future. India has currently become the fourth largest economy in the world. In the next few years, America and China will be the third largest economy in the world, in such a situation, America will think 10 times about taking a straight mess with such countries.
BRICS country is a big market for America-Europe
Here it is not only about America but also with Europe. For which BRICS countries are also in the form of a big market. Except for Russia and China, other countries of the BRICS group are still very dependent on the countries of America and Europe regarding defense technology. India is growing in this sector quickly. Even after that, India has to depend on America, Europe and Russia to advance many missiles. Along with the US and Europe, these countries have a defense of billions of dollars. In such a situation, America, especially Donald Trump, will avoid taking a direct competition with such countries. On the other hand, Russia and China are big countries of BRICS. The rest of the countries have great protection of these two. That too will be kept in mind.
How much was the tariff on BRICS countries in April?
The tariff that the US President imposed on BRICS countries in the month of April was very high. This tariff on China was 54 percent. While India was imposed 27 percent. American tariff was seen 30 per cent on South Africa. At the same time, Brazil was the only country in BRICS countries, on which the lowest 10 percent tariff was imposed.
On the other hand, talking about Russia, America and Europe have already imposed many restrictions. In such a situation, there was no name in Trump’s tariff list. Other members of BRICS, including Indonesia, were put on a 32 per cent tariff. At the same time, Egypt has 10 percent tariff, 10 percent on Ethiopia, 10 percent on Iran and 10 percent on UAE.
When was the first summit
The original BRICS Group gathered leaders from Brazil, Russia, India and China at its first summit in 2009. The group was later included in South Africa and last year as Egypt, Ethiopia, Indonesia, Iran and United Arab Emirates as members. Saudi Arabia has formally accepted the invitation for complete membership, but it is participating as a partner country. More than 30 countries have expressed interest in participating in BRICS as a full member or partner.