Despite the China-backed initiative making limited progress, dozens of nations are still eager to join.US President Donald Trump is doubling down against the BRICS bloc of fast-growing economies -- including Brazil,

President Donald Trump threatened to add a 10% tariff rate on BRICS-aligned countries. The term first applied to 4 countries but the group expanded.

The United States' fresh warning came just a day after Trump said he was close to finalising a trade deal with New Delhi.

US President Donald Trump warned that members of the BRICS alliance would face a 10 per cent tariff if they act against American interests. Trump alleged that BRICS was created to weaken the US dollar and suggested that the tariff could be imposed soon on countries within the bloc.

President Trump's odd complexion was especially noticeable as he sat besides various African leaders looking as if he got sunburnt

Trump also said he doesn't see BRICS as a serious threat but believes the group is trying to weaken the U.S. dollar so another country can replace it as the global standard.

President Donald Trump said in a Truth Social post that countries aligned with BRICS face an additional 10% tariffs.

President Donald Trump proposed a new 10% tariff on any product from countries that are part of the BRICS bloc, chucking a fiery new grenade into the global economy as the July 9 trade deadline moves closer.