Trump, BRICS and tariff
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ET Now on MSNWhy is Donald Trump at loggerheads with BRICS? Reasons? De-dollarisation, common currency or something else? DETAILSBRICS, formed in 2009, is the only major international group of which the US is not a part. Its other members are South Africa, Iran, Egypt, Ethiopia, and the United Arab Emirates.
India is trying to shield itself from President Donald Trump’s backlash against BRICS by stressing it has no plans to challenge the US dollar’s global dominance, according to people familiar with the matter.
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India Today on MSNWhy de-dollarisation is not possible: The enduring dominance of the US Dollar in the age of BRICS and TrumpFrom BRICS nations' ambitious payment systems to President Donald Trump's aggressive tariff threats, the international monetary landscape appears to be shifting. Yet beneath the surface of these headline-grabbing developments lies a more complex reality: despite concerted efforts by major emerging economies,
President Donald Trump threatened to add a 10% tariff rate on BRICS-aligned countries. The term first applied to 4 countries but the group expanded.
The White House concluded that non-tariff methods for punishing Brazil would take too long, two people familiar with the situation said.
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Soy Nómada on MSNBRICS Responds to Trump: 'We Don't Want an Emperor' Amid New U.S. Tariff ThreatsAs the August 1 deadline for new tariffs looms, the global community watches closely. The BRICS nations, comprising Brazil, Russia, India, China, and South Africa, have emerged as vocal critics, rejecting the notion of a U.
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MiBolsilloColombia on MSNTariffs 'Not 100% Firm': Trump's Strategy Sparks Global BRICS FuryPresident Donald Trump's administration has reignited global trade debates with its ambiguous tariff strategy, extending deadlines and provoking strong international reactions.
Hindustan Times on MSN11h
Not Trump, This Is The Reason Why BRICS May Be Moving Slow On De-Dollarisation | HTPodcastThe 2025 BRICS Summit in Rio marked a new era of expansion and cooperation, with Brazil leading on global governance, AI, and climate action. Discover how new members, bold initiatives, and a strengthened India-Brazil partnership are shaping a multipolar world and driving inclusive growth for the Global South in this conversation between Aayesha Varma and Professor Oliver Stuenkel.
TV18, Jayant Menon, Rahul Chhabra, and Pramit Pal Chaudhuri addressed US President Donald Trump’s tariff threats against BRICS nations, calling them erratic and politically driven. Menon said BRICS must not let “flippant threats” derail its long-term trade goals,