Brazil, Trump and tariff
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The 17th BRICS Summit concluded yesterday, attended by a delegation from the United Arab Emirates led by His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi. During the summit,
Trump has threatened to impose 100% tariffs against the bloc if they take any moves to undermine the dollar. Last year, at the summit hosted by Russia in Kazan, the Kremlin sought to develop alternatives to U.S.-dominated payment systems which would allow it to dodge Western sanctions imposed after Russia’s invasion of Ukraine in February 2022
Leaders of the BRICS group of major emerging economies are meeting in the Brazilian metropolis of Rio de Janeiro on Sunday for a two-day summit. The BRICS acronym is derived from the initial letters of the founding member countries: Brazil,
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.
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Tribune Online on MSNBRICS Summit: Ogun hosts investment forum as Nigeria, Brazil deepen economic tiesThe Federal Government has taken a significant step in advancing its economic diplomacy in Brazil, as the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, participated in the Ogun State Investment Forum with the Brazilian business community.
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Al Jazeera on MSNBrazil hosts BRICS summit; Russia’s Putin, China’s Xi skip Rio tripLeaders expected to decry US President Trump’s trade tariffs while presenting the bloc as a defender of multilateralism.
Prime Minister Narendra Modi and Cuban President Miguel Diaz-Canel Bermudez on Sunday (July 6, 2025) discussed ways to bolster bilateral ties across key sectors such as pharmaceuticals, biotechnology, traditional medicine and digital public infrastructure during a meeting on the sidelines of the 17th BRICS Summit.
BRICS leaders set to discuss key global political issues in Rio de Janeiro, but questions over the bloc’s cohesion arise as Chinese President Xi Jinping and Russian President Vladimir Putin opt to skip the summit.
Donald Trump threatened to impose a 50% tariff on Brazil over its domestic political affairs, the most extreme case yet of the US president weaponizing trade policy to make unrelated demands.