New Delhi’s core demand: build alternatives that are interoperable and don’t just replace the US dollar with another hegemon

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.

President Donald Trump threatened to add a 10% tariff rate on BRICS-aligned countries. The term first applied to 4 countries but the group expanded.

BRICS nations have condemned the EU's carbon border tax as a discriminatory trade barrier that undermines fair climate action and disproportionately burdens developing economies.

President Donald Trump said on Sunday that the United States will impose an additional 10% tariff on any countries aligning themselves with so-called "anti-American policies" of the BRICS group of developing nations, triggering sharp denials from its members that they were oriented against the United States.

Leaders of the BRICS group of developing nations addressed the shared challenges of global warming on Monday, the final day of their summit in Rio de Janeiro, demanding that wealthy nations fund mitigation of greenhouse gas emissions in poorer nations.

The BRICS bloc has criticized rising tariffs and attacks on Iran in its latest summit declaration. Meeting in Rio de Janeiro on Sunday, the group also condemned NATO’s increased military spending and expressed concerns about global trade disruptions caused by tariffs.

Host Brazil criticises US president as being ‘very irresponsible’ for vowing extra levies on states aligned to group

President Trump said the U.S. would impose higher charges on imports from countries that follow the "anti-American policies" of major emerging economies including Brazil, China and Russia. "Any Country aligning themselves with the Anti-American policies of BRICS,

The president's statement comes as the trading bloc including Brazil, Russia, India, China, and South Africa (BRICS) is meeting in Rio de Janeiro this week.

It has condemned tariffs and military strikes on Iran, but analysts say Brics’ true test is in moving beyond rhetoric to deliver results.