Trump threatens extra 10% tariffs on BRICS
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Russian Deputy Foreign Minister Sergei Ryabkov said on Thursday that BRICS was not an anti-American group and that it will not listen to "language of threats and manipulation". On Sunday, U.S. President Donald Trump threatened BRICS countries with additional 10% tariffs after calling the bloc "anti-American.
The world has changed and the western-led postwar order is over, or so the Brics bloc of developing nations insists. Equally clear at the group’s annual summit in Rio de Janeiro this week was that the Brics have changed too — and not for the better. The new model is bigger, less coherent and far less likely to achieve any of its putative goals.
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.
Brics can only provide credible leadership in a changing global order when it addresses its many inner contradictions.
U.S. President Donald Trump on Sunday said that countries aligning themselves with the "Anti-American policies" of BRICS, will be charged an additional 10% tariff.
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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.