Western countries in Brazil this week has important implications.The leaders of BRICS gathered in Rio de Janeiro on Sunday, presenting the largest bloc of countries that basically challenges or balances the Western economic powers that are embodied by the G7.

The BRICS bloc of developing nations on Sunday condemned the increase of tariffs and attacks on Iran, but refrained from naming U.S. President Donald Trump. The group's declaration, which also took aim at Israel's military actions in the Middle East.

BRICS leaders at a summit on Sunday took aim at US President Donald Trump's "indiscriminate" import tariffs and recent Israeli-US strikes on Iran.Voicing "serious concerns about the rise of unilateral tariff" measures,

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.

“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,” Mr. Trump said in a Truth Social post. He did not elaborate, nor did he say what BRICS policies he was referring to.

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