President Donald Trump threatened to add a 10% tariff rate on BRICS-aligned countries. The term first applied to 4 countries but the group expanded.

U.S. President Donald Trump said on Tuesday the U.S. would "pretty soon" charge a 10% tariff on imports from BRICS countries, drawing another complaint from Brazil President Luiz Inacio Lula da Silva,

Speaking to reporters as he presided over a Cabinet meeting on Tuesday, Trump said: "Anybody that's in BRICS is getting a 10 per cent charge" -- and that would include India.