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Trump says BRICS-aligned countries to face additional 10% tariffs

UNITED STATES, JUL 9 – Insiders say the Trump administration's 90-day trade negotiation window is largely symbolic with limited authority, resulting in only two preliminary deals as the July 9 deadline nears.

  • With the July 9 deadline approaching, President Donald Trump’s trade war pause ends Wednesday, but White House adviser Stephen Miran hedges on genuine progress.
  • In April, the Trump administration announced a 90-day tariff pause, with Treasury Secretary Bessent saying letters to enforce it will begin Monday, aiming to pressure trade negotiations.
  • So far, only three deals have been announced with the UK, Vietnam, and China, highlighting limited progress ahead of the deadline.
  • As the tariff deadline approaches, the administration warns that failure to strike deals by Wednesday could trigger new tariffs on August 1.
  • China opposes tariffs as leverage, advocating cooperation; expanding BRICS complicates the global economic landscape and shifts power dynamics.
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Raw Story broke the news in United States on Saturday, July 5, 2025.
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