BRICS – originally comprising Brazil, Russia, India, China and South Africa, but expanded in 2024 to include Egypt, Ethiopia, Iran and the United Arab Emirates (UAE) – met for its 16th summit in Kazan ...

The new international trade policies introduced by the Trump administration – including higher tariffs on several countries – ...

Nigeria can benefit from a Brics partnership but it must find a careful balance between the relationship and the interests of ...

On his first day, the president said Spain is a member of the Brics bloc of developing economies, causing some head-scratching and jitters over possible tariffs in Madrid. Spain is not in Brics.

Trump responded by claiming incorrectly that Spain is actually in another alliance, the economic consortium known as BRICS, which stands for Brazil, Russia, India, China and South Africa (the ...

President Donald Trump has again warned that he will impose 100% tariffs against countries of the BRICS bloc, of which India is a part, if they take any steps to replace the U.S. dollar.

After US President Donald Trump confused Spain with a member of the BRICS bloc, a spokesperson for the Spanish government responded, saying she was unsure why Trump made the comment. Trump ...

Amid a series of executive orders, President Trump warned of 100% tariffs on Brics nations if trade remains unbalanced, incorrectly mentioned Spain as a member. He also signed notable actions like ...

US President Donald Trump mistakenly identified Spain as part of the BRICS bloc, leading to confusion and potential tariff concerns in Madrid. Spain, a NATO and EU member, ranks low in defense ...

TEHRAN (Tasnim) – Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei called on Iranian officials to seize the opportunity provided by the country’s membership in BRICS, stressing ...

BRICS member China is looking to convince 40 new countries to use the Chinese yuan for cross-border transactions and not the US dollar. The Communist country is aiming to capitalize on the growing ...