Trump says to impose tariffs on BRICS, copper imports

08/07/2025 Argaam

US President Donald Trump said on Tuesday that Washington will soon impose tariffs on BRICS countries, and intends to introduce high tariffs on copper imports.

 

During a US government meeting, Trump told reporters that the US will impose a 10% tariff on BRICS countries soon, as well as a 50% tariff on copper imports.

 

He added that pharmaceutical companies will be given a grace period before being targeted with sector-specific tariffs.

 

A letter may also be sent to the European Union within two days on the upcoming tariffs to be levied, Trump noted.

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