U.S. President Donald Trump said on Tuesday the U.S. would "pretty soon" charge a 10% tariff on imports from BRICS countries, drawing another complaint from Brazil President Luiz Inacio Lula da Silva,

Trump said the U.S. will impose an additional 10% tariff on any countries aligning themselves with the "Anti-American policies" of the BRICS group of developing nations, whose leaders kicked off a summit in Brazil.

Brazilian President Lula da Silva took a sharp dig at Donald Trump as the Brics summit wrapped up on Monday: "The world has changed. We don't want an emperor". His words came just hours after the US President took to his familiar playbook of tariff threats,