The U.S. president has threatened a 10 percent tariff on any country aligned with the BRICS bloc, a potential blow to Russia.

Donald Trump says he plans to increase blanket tariffs to 15 or 20 per cent on goods imported by the United States' trading partners. But it appears 'tariff fatigue' is setting in as the Australian dollar and share market largely ignore the US President's latest remarks.

Trump announces plans for 10% tariff on BRICS alliance members, calling them "anti-American" while the bloc criticizes unilateral tariffs and attacks on nuclear facilities.

President Trump and Congress are threatening harsh sanctions against Moscow for its three-year war in Ukraine.

The letters listed a range of tariffs. Goods entering the U.S. from Japan, South Korea, Malaysia, Kazakhstan, and Tunisia will be subject to a 25 percent levy. There will be a 30 percent levy on South African and Bosnian goods, while imports from Indonesia will be subject to a 32 percent rate.