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Last Updated:July 07, 2025, 19:02 IST
Trump Tariffs Live: Trump threatened an additional 10% tariff on countries aligning with the emerging BRICS bloc, accusing them of "anti-Americanism"
Trump Tariff News Live Updates: Donald Trump Tariffs 90 Day Pause, US Stock Market Latest Updates Today. (File photo)
Donald Trump Tariffs Live Updates: US President Donald Trump on Monday said that he will send the first batch of tariff letters to various countries, just days before his deadline for trade partners to reach new deals expires.
Trump made the announcement on his Truth Social platform, stating that the tariff letters and/or deals would be delivered to various nations around the world. The timing for the first tariff letter to be sent by Trump will be 9:30 PM India Standard Time (IST).
“I am pleased to announce that the UNITED STATES TARIFF Letters, and/or Deals, with various Countries from around the World, will be delivered starting 12:00 P.M. (Eastern), Monday, July 7th. Thank you for your attention to this matter! DONALD J. TRUMP, President of The United States of America,” the US President wrote.
Additionally, in a separate post, Trump also threatened an additional 10% tariff on countries aligning with the emerging BRICS bloc, accusing them of “anti-Americanism” after they criticised his trade policies at a summit held in Brazil’s Rio on Sunday.
Meanwhile, US Treasury Secretary Scott Bessent said the re-imposed tariffs would not take effect until 1 August, giving negotiators a few extra weeks to reach agreements.
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Trump Tariff News Live Updates: China Opposes Tariff Wars After Trump’s Threat To BRICS Nations
China on Monday responded to US President Donald Trump’s warning of an additional 10% tariff on countries supporting the BRICS nations. Foreign Ministry spokesperson Mao Ning said Beijing viewed BRICS as a positive force in the international community. “Its cooperation is open and inclusive, and not targeted at any particular country,” she said.
“As for tariffs, we have consistently opposed tariff wars and trade wars. We are against using tariffs as a tool for coercion and pressure. Arbitrarily imposing tariffs does not serve the interests of any party,” Ning added.
