President Donald Trump has threatened new tariffs on any nation supporting “anti-American” policies of the BRICS group of emerging economies, as he announced tariff letters would be sent out to scores of countries from Monday,

President Trump's proposed 100% tariff on BRICS nations has stirred global controversy. Labeling the group as 'anti-American,' Trump faces backlash from BRICS leaders, who defend their vision of a multipolar world.

The comments came shortly after BRICS leaders issued a joint statement appearing to criticize Trump’s protectionist trade policies.

Trump had previously threatened tariffs on the BRICS group if they followed through with plans to challenge the supremacy of the U.S. dollar.

President Donald Trump is threatening an extra 10% tariff on nations that side with the "anti-American" policies of BRICS. Here's what that means.

President Donald Trump proposed a new 10% tariff on any product from countries that are part of the BRICS bloc, chucking a fiery new grenade into the global economy as the July 9 trade deadline moves closer.

Trump said the U.S. will impose an additional 10% tariff on any countries aligning themselves with the "Anti-American policies" of the BRICS group of developing nations, whose leaders kicked off a summit in Brazil.

American’ Brics nations? - US president threat of additional 10 per cent levy on Brics members deepens rift with influential bloc

Investors express concerns over Trump's tariffs on BRICS nations, viewing them as a tactic to counter China's growing influence in global trade

Asian equities started the week on a downbeat note, as remarks by President Trump stirred up already-tense markets bracing for tariffs to hit dozens of countries this week.

Trump confirmed the U.S. will start delivering letters on Monday, detailing tariff rates and any agreements reached with various trading partners.

European Union officials have drawn up plans to impose levies on American imports, but questions abound about whether they would go through with them.