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BRICS To Hold Virtual Meet on Monday To Discuss Trump's Tariffs

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Brazil’s President Lula da Silva to convene a BRICS virtual meeting next Monday to discuss Trump’s tariffs and trade policies. The alliance will most likely release a joint statement on the White House’s trade policies after the online gathering. The show of strength comes after India, Russia, and China are holding high-level talks this week to safeguard their economies from trade wars. Lula da Silva will convene the BRICS virtual meet as Trump imposed 50% tariffs on Brazil and India last month. The bloc now wants to protect its economy and businesses from the tariffs imposed by the White House. Brazil and India have been affected by the decision, leading to the alliance group after the July summit. Also Read: India Offers Zero Tariff Deal, Trump Says ‘It’s Too Late’ Amid BRICS What Will Brazil Discuss In the BRICS Virtual Meet on Monday? Source: Reuters Brazil’s Lula da Silva will focus on multilateralism in the BRICS virtual meet on Monday, said a source close ...