BRICS group raises ‘serious concerns’ with increased tariffs

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The BRICS bloc (Brazil, Russia, India, China, South Africa, and new members including Indonesia and Iran) issued a joint declaration at a summit in Brazil condemning rising unilateral tariffs without naming the U.S. or Trump. They warned such measures violate WTO rules and harm global trade and supply chains. The statement comes as Trump’s 90-day pause on new tariffs nears its end. He has threatened to reinstate higher rates on countries that don’t make deals with the U.S. and said on Truth Social he would impose an extra 10% tariff on any country “aligning” with BRICS, The Hill has reported. BRICS also criticized NATO’s planned defense spending increases, which were pushed by Trump. read more: 👍 Like this video to stay informed about global trade tensions and their impact on the world economy. 💬 Comment below—what’s your take on the BRICS stance against tariffs? 🔗 Share this video to raise awareness about the shifting balance in international trade 💰 Support the channel by donating via the YouTube Thanks button to help us keep producing updates 👉 Don’t forget to subscribe for the latest news on global politics and economics Thanks for watching and supporting the channel. Links for B.C. Visit My Website Follow Me On Facebook Subscribe To My Patreon Watch Me On YouTube Follow Me On Twitter Watch Me On Rumble Follow Me On Gab Follow Me On Truth Social Follow Me On BlueSky Watch Me On TikTok #BRICS #TradeWar #GlobalEconomy