The BRICS bloc has criticized rising tariffs and attacks on Iran in its latest summit declaration. Meeting in Rio de Janeiro on Sunday, the group also condemned NATO’s increased military spending and expressed concerns about global trade disruptions caused by tariffs.

Developing nations at the BRICS summit on Monday brushed away an accusation from President Donald Trump that they are "anti-American," with Brazil's president saying the world does not need an emperor.

On the first day of the BRICS summit, Donald Trump threatened a 10 percent tariff on member countries of BRICS. "There will be no exceptions to this policy," Trump wrote on his social media platform, Truth Social, on Sunday, July 6, 2025.