The BRICS bloc has criticized rising tariffs and attacks on Iran in its latest summit declaration. Meeting in Rio de Janeiro on Sunday, the group also condemned NATO’s increased military spending and expressed concerns about global trade disruptions caused by tariffs.

On the first day of the BRICS summit, Donald Trump threatened a 10 percent tariff on member countries of BRICS. "There will be no exceptions to this policy," Trump wrote on his social media platform, Truth Social, on Sunday, July 6, 2025.

President Trump said the U.S. would impose higher charges on imports from countries that follow the "anti-American policies" of major emerging economies including Brazil, China and Russia. "Any Country aligning themselves with the Anti-American policies of BRICS,