By Manuela Andreoni and Lisandra Paraguassu RIO DE JANEIRO (Reuters) -Developing nations at the BRICS summit on Monday brushed away an accusation from President Donald Trump that they are "anti-American,

Donald Trump announced potential 10% tariffs on BRICS nations, including India, accusing the bloc of undermining the US dollar. During a Cabinet meeting, Trump warned that BRICS countries would soon face these additional charges.

"Any Country aligning themselves with the Anti-American policies of BRICS, will be charged an ADDITIONAL 10% Tariff," Trump wrote on social media. BRICS members account for about half the world's population and 40 percent of global economic output.