Trump UPS BRICS Tariff Ante
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President Donald Trump’s threat to impose new tariffs on India over its participation in the BRICS forum puts New Delhi in a tough position as it races to finalize a favorable trade deal with the US.Trump said Tuesday that India could face an additional 10% tariff alongside other members of BRICS — a bloc of emerging economies he has labeled “Anti-American.
The White House hosted an “African leaders” summit of sorts this week. But only five countries from the continent of more than 50 nations were welcome to join.
Platforms such as BRICS, which provides a bigger market for ASEAN exporters, are especially important now that the United States is threatening to raise tariffs by as much as 40 percent, he said, adding that economic growth is one of ASEAN's major focuses.
4don MSN
Xi Jinping skips BRICS Summit for the first time amid speculation of political turbulence in China and divisions between member nations over trade and strategic interests
A summit of leaders from the BRICS group of major emerging economies kicks off in Brazil Sunday – but without the top leader of its most powerful member.
China has firmly responded to President Trump's threat of additional tariffs on BRICS nations, asserting that such measures are unproductive and serve
At their latest summit in Brazil, the BRICS nations once again portrayed themselves as an emerging geopolitical heavyweight. Yet the internal contradictions within this expanding group remain plain to see.
Chinese Premier Li Qiang urged BRICS nations to lead global governance reform at the 17th BRICS Summit. Highlighting Xi Jinping's vision, Li emphasized the bloc's potential to promote peace, cooperation,
China’s vast clean-energy industry has spearheaded a BRICS solar-power boom, with the bloc accounting for more than half of global generation last year, according to a new report.
BRICS nations have strongly condemned the European Union's carbon border tax, deeming it discriminatory and a barrier to their development. They argue the CBAM, set to begin next year, unfairly burdens developing countries and disrupts global trade.