BRICS, Trump and tariffs
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Trump’s remarks seem more like a warning to Brics and unlikely to affect India’s efforts to finalise a trade pact with the US, analysts say.
BRICS leaders are poised to adopt a position at odds with President Donald Trump on trade tariffs, conflict in the Middle East and global arms spending, even as they shy away from any direct challenge to the US.
The US president vowed higher tariffs on BRICS nations that align with the bloc's plans to challenge US hegemony. Despite the China-backed initiative making limited progress, dozens of nations are still eager to join.
Brics nations meeting in Brazil take aim at ‘unilateral tariff and non-tariff measures’, urge end to ‘the cycle of violence’ in the Middle East.
Donald Trump warned on Sunday that any country aligning with what he described as the “anti-American” policies of the Brics bloc would face an additional 10 per cent tariff.
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France 24 on MSNBRICS leaders at Rio summit condemn Trump tariffs, slam attacks on IranBRICS leaders meeting in Rio de Janeiro Sunday warned that US President Donald Trump's "indiscriminate" import tariffs risk hurting the global economy. The final summit statement condemned last