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The bloc may find it hard to push ahead with trade in local currencies, given the threat of punitive US tariffs.
Trump's Biggest Arab Ally Snubs US' $200 Billion Deal? UAE Crown Prince Lands in Rio for BRICS ...
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The tariff ultimatum and the global pushback
In a letter campaign launched on July 7, the US administration warned dozens of nations that unless bilateral trade deals are reached by Aug. 1, punitive tariffs would be unilaterally imposed. Brazil, ...
Replying to Donald Trump's fresh tariff threat, Chinese foreign ministry said BRICS grouping is not seeking ‘confrontation’.
Chinese investments could play a crucial role in enabling Brazil to boost its industrial capacity and diversify economy.
BRICS leaders meeting in Rio de Janeiro on Sunday are expected to decry US President Donald Trump's "indiscriminate" trade tariffs, saying they are illegal and risk hurting the global economy.
The BRICS Leaders’ Statement sees a number of shifting positions in Indian foreign policy. New Delhi agrees with the grouping that the strikes on Iran violated international law.
As part of the BRICS summit, the economic bloc initially formed by Brazil, Russia, India, China and South Africa, but which since 2024 has expanded to include ...
In the Rio de Janeiro Declaration released after the summit, the BRICS leaders outlined wide-ranging priorities across global peace, multilateralism, and development ...
India's engagement with BRICS reflects a deliberate pursuit of multi-polarity, leveraging the platform to amplify the Global South’s concerns while preserving s ...