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US trade threat: Donald Trump warns Brics nations of 10% tariff hike; bloc slams US trade policies

IndiaTimes Monday, 7 July 2025 ()
President Trump threatened a 10% tariff on BRICS nations, including China and India, after they criticized US trade policies. The BRICS bloc, representing a significant portion of the global population and economy, denounced US tariffs as damaging and illegal. This escalation occurs before an August 1 deadline for new trade deals, heightening trade tensions amid geopolitical disagreements.
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