Trump says to impose tariffs on BRICS, copper imports

08/07/2025 Argaam
US President Donald Trump

US President Donald Trump

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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