The BRICS bloc is made up of 11 nations, with Brazil, Russia, India, China, and South Africa making up the core group. The bloc has drawn Trump's ire before.

The Trump administration will not immediately impose a new 10% tariff against members of the developing nation BRICS bloc, but will proceed if countries take so-called "anti-American" policy actions,

President Trump threatened late Sunday to impose an additional tariff on countries that align themselves with the policies of BRICS nations, after the group expressed “serious concerns” over countries imposing unilateral tariffs.