RIO DE JANEIRO (Reuters) -Developing nations participating in the BRICS summit on Monday brushed away an accusation from U.S. President Donald Trump that the bloc is "anti-American," as he threatened them with additional 10% tariffs.

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.

The group of emerging economies—including Brazil, Russia, India and China—has long sought to present itself as a multilateral counterweight to a U.S.-dominated world order.