Can BRICS challenge the US-led world order?
Can BRICS challenge the US-led world order?
President Donald Trump has threatened to impose more tariffs on nations aligning themselves with BRICS.
The BRICS bloc of developing nations aims to challenge the US-led economic order. In theory, it has the clout to push through reforms to global governance. But critics say the expanded group faces rifts among its members.
BRICS leaders have criticised US policies, including trade tariffs, during the gathering in Brazil’s Rio de Janiero, but they shied away from naming Washington directly.
President Donald Trump responded by threatening a 10% levy on any country that aligns itself with BRICS policies.
And the UN special rapporteur says global companies should be held accountable for profiting from the genocide in Gaza.