Trump’s BRICS barb rattles India-US trade deal hopes
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President Trump is amping up trade threats, again unveiling a new batch of letters to country leaders outlining tariffs on goods imported from their countries beginning in August and a warning to BRICS nations.
CHENNAI: India emerged as a key architect of the BRICS agenda—driving local-currency trade, global governance reform, green investments, and digital regulation.
Importantly, BRICS endorsed a bigger role for the Global South by calling for “greater and more meaningful participation and representation” of Emerging Markets and Developing Countries, as well as Least Developed Countries, especially from Africa, Latin America and the Caribbean in global decision-making processes and structures.
Lauds Brazil’s leadership, pledges India's support for climate & health at BRICS Stresses role of traditional medicine, digital health in global wellness push
India needs to look beyond BRICS for trade advantages, according to Trinh Ngyuen, Senior Economist at Natixis. To that end, she says India needs trade deals with the EU and the U.S.. She believes India can gain from businesses "reshuffling" out of China,
The Trump administration will not immediately impose a new 10% tariff against members of the developing nation BRICS bloc, but will proceed if countries take so-called "anti-American" policy actions,
Amid India's rift with Turkey over the latter's overt support for Pakistan in the recent conflict, reports cite that Turkey's hopes for entering BRICS, the intergovernmental organisation comprising 10 countries, including India, might have hit a dead end.
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India's triumph at Brics: PM unites summit against terrorism, pushes reformsIndia emerged as a decisive voice at the 17th Brics Summit, securing a united stand against terrorism and pushing for global institutional reforms.
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