Trump’s BRICS barb rattles India-US trade deal hopes
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Trump’s new tariff letters hit 22 countries ahead of August 1 — even allies not spared, BRICS suffer most… who’s next on the radar?Trumps new tariff letters have sent shockwaves across global markets as he targets 22 countries with tough new trade threats just weeks before the August 1 deadline. From close allies like Japan and South Korea to BRICS nations like Brazil and South Africa,
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.
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,
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.
PM Modi pledges people-centric, climate-driven BRICS 2026 presidency, focusing on resilience, health, and sustainability. India to lead with “Humanity First” vision.
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.
VISAKHAPATNAM: The World Health Innovation Forum (WHIF), headquartered at the Andhra Pradesh MedTech Zone (AMTZ), has been selected to join the prestigious BRIC
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,
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