Despite the threat of a trade war with the U.S., economists and analysts tell CNBC that this will not stop BRICS from expanding.
The return of Donald Trump to the White House has intensified tensions between the United States and BRICS nations. He believes the bloc, led by “aggressors” Russia and China, wants to play a hand in undermining what the US has built on the international trade front.
The soon-to-be 47th president, who will be sworn in on Monday, voiced interest in traveling to China within his first 100 days in office.
It'll take time for Trump's tariffs to be implemented, but goods could still start getting more expensive in the meantime.
Diplomat Eduardo Saboia, head of the BRICS summit to be held in Rio de Janeiro in July, brushed off recent threats from incoming US president Donald Trump to impose 100 percent tariffs on BRICS nations if they undercut the dollar. Saboia said in an ...
Donald Trump, the president-elect of the United States, finally picked up the phone to talk with China’s President Xi Jinping on Friday, their first direct
Scott Bessent, Trump's Treasury Secretary nominee, pledged to uphold the dollar's reserve currency status, emphasizing productive investment, supply chain security, and strategic sanctions to bolster U.
Indonesia has become the newest member of the BRICS group of developing nations, in a move that could further bolster the Global South as Donald Trump’s trade policies pose risks to world economy.
Brazil takes the helm at a moment when diplomatic pragmatism should take precedence over some of the bloc’s more polarizing initiatives.
Most of Trump's team is pro-tariff - and this will drive global markets to American whims and companies seeking to relocate production from China to Mexico.
In pushing for Greenland and the Panama Canal, Donald Trump is restoring the Monroe Doctrine and the foreign policy vision of the founding fathers.