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 Donald 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 major summit in Brazil on Sunday.

US President Donald Trump has threatened to impose an additional 10% tariff on any country that supports the BRICS alliance and its policies that “go against American interests.”