Despite the threat of a trade war with the U.S., economists and analysts tell CNBC that this will not stop BRICS from ...

President Donald Trump has again warned that he will impose 100% tariffs against countries of the BRICS bloc, of which India ...

Sources further clarified that India remains committed to fostering beneficial global partnerships like QUAD and BRICS.

The US government is aghast that there is a new grouping of nations that seeks to form an alternative to the US trade bloc ...

US President Donald Trump has doubled down on his tariff threat on BRICS nations, including South Africa, should they forge ahead with creating a new shared currency. This threat, declared in his ...

BRICS wants to usher in an international order not so dominated by the West. To a lot of Global South countries, that's an ...

Trump has threatened BRICS countries with 100% tariffs if they do not abandon their plans to create an alternative currency that would rival the dollar on a global market. Meanwhile, Russian ...

In 2023, Russian President Vladimir Putin revealed that the ruble and Chinese yuan already made up 80 percent of Moscow’s ...

Last year, the central banks of India and Indonesia signed a memorandum of understanding on using local currencies for trade.

Trump's tariff threat is conditional on BRICS dethroning the U.S. dollar as the world's most widely used trade currency — which could prove to be a tall order for the alliance. The lack of a ...