The Business Times

BRICS

ASEAN Business

Tariff tracker: Clock’s up and where Asean countries landed

Russia's President Vladimir Putin attends an extraordinary virtual summit of the Brics group of nations at the initiative of Brazil’s President Luiz Inacio Lula da Silva.
Global Enterprise

Brics leaders denounce protectionism, tariff ‘blackmail’

Brics, which includes South Africa, has increasingly drawn the ire of Trump as it expands with new members from Asia and the Middle East.
International

Xi and Putin to take part in Brics trade summit without Modi

The US has set different tariffs for different Brics nations, however, making it difficult for them to agree on a joint statement, according to the Brazilian officials.
International

Brics leaders schedule virtual meeting to discuss Trump tariffs

The proposed US tariffs, which would kick in on Aug 27, have been called “unfair, unjustified and unreasonable” by Indian Prime Minister Narendra Modi’s government, which has vowed to “take all actions necessary to protect its national interests”.
Opinion & Features

India re-engages Russia and China after Trump spat

A Thai worker at a rice mill. US tariffs have impacted key sectors across South-East Asia, including Thailand's agricultural products.
Opinion & Features

The Trump administration’s S-E Asia policy: a new era of pressure and diversification

Leaders of the BRICS group attend a meeting during the BRICS Summit in Rio de Janeiro, Brazil July 7, 2025. REUTERS/Ricardo Moraes
Opinion & Features

Brics currencies are no realistic alternative to the US dollar

The only thing that could push these diverse nations together is if the US makes a real effort to present itself to them as a shared target. Unfortunately, that’s exactly what Trump apparently wants to do.
Opinion & Features
THE BOTTOM LINE

The developing world’s G7 would like a word

“Any Country aligning themselves with the Anti-American policies of Brics, will be charged an ADDITIONAL 10 per cent Tariff. There will be no exceptions to this policy,” US President Donald Trump said in a post on Truth Social.
Global Enterprise

Trump warns of 10% tariff for ‘anti-American’ Brics policies

The Brics nations are Brazil, Russia, India, China and South Africa, as well as more recent full members Egypt, Ethiopia, Iran, Indonesia and the United Arab Emirates.
International

Brics leaders condemn attacks on Iran, tell Israel to leave Gaza

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