Trump Threatens 50% Tariff On Brazil
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Brazilian President Lula De Silva slammed US President Donald Trump after the latter announced 50% tariffs on Brazilian goods. The two nations have been at odds over the trial of former Brazilian President Jair Bolsonaro.
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,
Exxon, Chevron, and others are increasingly eyeing South America for low-cost, low-emission production as shale basins mature and geopolitical risks remain lower than elsewhere.
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
Brics, a grouping of 11 very diverse nations, has repeatedly got in US President Donald Trump’s crosshairs. He’s called it ‘anti-American’ and threatened punitive tariffs. Mint looks at Brics closely—its members, objectives, clout, recent actions and why it unsettles Trump.
Brasilia: Prime Minister Narendra Modi on Tuesday shared glimpses of his meeting with a host of world leaders - including the President of Chile, the UN Secretary General and the former
Brics can only provide credible leadership in a changing global order when it addresses its many inner contradictions.
Prime Minister Narendra Modi greeted and interacted with members of the Indian diaspora upon his arrival at a hotel in Brasilia on Monday (local time)