The recent announcement by President Donald Trump to impose a 10% tariff on countries aligning with BRICS' anti-American policies has sparked strong reactions from China and Russia.

"Any Country aligning themselves with the Anti-American policies of BRICS, will be charged an ADDITIONAL 10% Tariff. There will be no exceptions to this policy," Trump wrote on social media. BRICS members account for about half the world's population and 40 percent of global economic output.

The Trump administration announced that some deals had been made with trading partners, and letters would be sent out on Monday notifying other countries of higher tariffs starting in August.

The growing BRICS group gathered in Rio de Janeiro, Brazil for the 17th BRICS Summit on Sunday, and signed a joint declaration encompassing 126 commitments covering global governance, finance, health,

RIO DE JANEIRO (Reuters) -Diplomats from the BRICS group of developing nations have agreed on a joint declaration of their leaders at a summit in Rio de Janeiro this week, three people familiar with the talks said on Saturday.

BRICS nations now represent more than half the world's population and 40% of its economic output, Lula noted in remarks on Saturday to business leaders warning of rising protectio