Trump Warns of 10% Tariff on Countries Supporting BRICS, Impacting Bitcoin Markets

On July 7, former President Trump announced on the Truth platform that any nation aligning with the BRICS coalition’s anti-American stance will face an additional 10% tariff. This declaration underscores a firm trade policy aimed at countering geopolitical adversaries. However, the statement lacked specific details regarding the criteria defining these “anti-American policies,” leaving market analysts and international trade experts seeking further clarification. The move signals heightened tensions in global trade dynamics, particularly affecting countries involved in the BRICS economic bloc. Investors and policymakers will closely monitor subsequent developments to assess potential impacts on cryptocurrency markets and cross-border financial flows, given the increasing intersection of digital assets with international trade regulations.