Business Threat from Trump trade wars gives fresh purpose to BRICS bloc Updated : July 24, 2018 08:29 PM IST From threatening to tear up existing trade deals to hiking steel and aluminium tariffs, the US move towards unilateral action has rattled traditional allies and rivals alike. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.