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.

Trump took aim at the BRICS bloc, threatening higher tariffs on the group. The bloc's core members include Brazil, Russia, India, China, and South Africa.Trump has taken issue with the bloc in the past over efforts to de-dollarize their economies.

Developing nations at the BRICS summit on Monday brushed away an accusation from President Donald Trump that they are "anti-American," with Brazil's president saying the world does not need an emperor after the U.