Trump Imposes Additional Tariffs for BRICS Anti-U.S. Alignment

On July 6, 2025, President Donald Trump announced on Truth Social a new 10% tariff on countries supporting BRICS’ anti-American policies. The BRICS bloc, representing several major economies, criticized the move as a trade disruption.

The tariffs could impact global trade and supply chains, causing market uncertainty. Immediate cryptocurrency market reactions are currently unreported, though broader economic effects could influence indirect cryptocurrencies like BTC or traditional markets.

Trump Targets BRICS with 10% Tariff Amid Trade Tensions

President Donald Trump announced a 10% tariff on any country aligned with BRICS, highlighting perceived anti-U.S. policies. Trump emphasized no exceptions would be allowed, underscoring a significant policy enforcement. This decision impacts international trade, specifically BRICS members, expanding trade tension scope beyond traditional western entities. The BRICS bloc responded critically, labeling the tariffs as inconsistent with the WTO’s regulations. The bloc noted potential risks to global stability and trade due to imposed tariffs. BRICS’ collective statement, issued at the recent summit, underlined concerns about potential disruptions to global supply networks and overall trade. Participants criticized the tariffs for threatening the WTO’s established trading system’s integrity.

According to CoinMarketCap, Bitcoin (BTC) recently priced at $109,118.01, held a market cap of $2.17 trillion. Market dominance climbed to 64.42%, with a 24-hour trading volume up 28.05% to $38.31 billion. Evaluating past quarter data, BTC increased by 36.87%.

Donald Trump, President of the United States, – “Any Country aligning themselves with the Anti-American policies of BRICS, will be charged an ADDITIONAL 10 percent Tariff. There will be no exceptions to this policy. Thank you for your attention to this matter!”

Tariffs Could Spark Regulatory Responses and Market Volatility

Did you know? Historically, U.S. tariffs, such as those imposed during Trump’s first term, often led to global economic volatility, affecting both traditional and digital markets, without specific cryptocurrency movement recorded to date.

Coincu’s research highlights potential regulatory responses from BRICS nations to these tariffs, fostering geopolitical tension. Typically, such disputes prompt asset diversification, affecting cryptocurrencies indirectly, likely pushing stakeholders towards crypto or traditional safe havens like gold or USD.

Market analysts predict that the imposition of these tariffs could lead to increased volatility in both traditional and cryptocurrency markets as stakeholders react to the shifting trade landscape.