BRICS countries have expressed concern over the spread of trade-related actions such as ‘indiscriminate increase’, especially on measures used as ‘controlled’ means that such practices are at risk of ‘global South’ countries marginalized.

BRICS foreign/international relations ministers held their annual meeting on the sidelines of the 80th session of the United Nations General Assembly on Friday (September 27, 2025). This meeting was chaired by India as the future president of BRICS for 2026.

BRICS countries expressed concern over unilateral fees

In a joint statement issued after the meeting, the ministers expressed concern over the spread of ‘trade-related actions, whether it is indiscriminately in the form of fee and non-fee measures, or as protectionism. Measures used as especially a means of pressure (inserting), which further reduce global trade, obstructs global supply chains, and there is a risk of uncertainty in international economic and business activities, which can further increase existing economic inequalities and affect the chances of global economic growth.

BRICS countries such as Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran and the United Arab Emirates expressed ‘serious concern’ about the increase in unilateral fees and non-fee measures, which deform the business and not in line with the rules of the World Trade Organization. The joint statement said, ‘He warned of such practices that are in danger of the fragmentation of global trade and marginalizing’ Global South ‘.’

BRICS should protect multilateral trade system

‘Global South’ means countries often known as developing, less developed or underdeveloped and are mainly located in Africa, Asia and Latin America. Foreign Minister S.K. Jaishankar highlighted that trade flow is being affected due to increasing protectionism, duty volatility and non-fee obstacles, so the BRICS should protect the multilateral trade system.

He said that when there is pressure on multilateralism, BRICS stands firmly as a strong voice of logic and creative change. He said in a post on ‘X’, “In a turbulent world, BRICS should strengthen the message of peace establishment, dialogue, diplomacy and international law.”

Strong condemnation of Pahalgam attack in BRICS

He further stated that BRICS should further strengthen its collective call for comprehensive improvement in the major organs of the United Nations, especially the United Nations Security Council. The next stage of BRICS cooperation will be based on technology and innovation.

Jaishankar said that India’s chairmanship in BRICS will focus on sustainable development through food and energy security, climate change and digital changes, startups, innovation and strong development partnership. In a joint statement, the ministers strongly condemned the terrorist attack in Pahalgam, Jammu and Kashmir, in which 26 people were killed and many were injured.

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American Marxist economist Richard Wolf said that America is trying to become the world’s strict country against India, but in reality this step is disastrous for itself. He said that according to the United Nations, India is now one of the largest countries in the world. America’s India to tell what it has to do, it is as if a rat punched the elephant.

US President Donald Trump has implemented 50% tariff on India. This fee is double the rates already existing. India buys oil from Russia. Because of this, the US has set up 25 per cent tariff separately, which the Washington Ukraine considers the strategy to stop war. However, India has criticized the move and called it a decision taken wrong and without thinking.

BRICS gets indirect advantage
Richard Wolf explained that India will change its strategy with this move of America. He said that if America closes its way for India, then India will find another place to sell its things. India can now shift the export of its equivalence to BRICS countries, such as Russia, China, Brazil, South Africa and recently joined new members (Egypt, Ethiopia, Indonesia, Iran, UAE). Meanwhile, BRICS aims to challenge Western financial dominance and find a dollar option.

G7 vs Bricks
Wolf said in podcast that the world production share of BRICS countries is 35 percent. On the other hand, G7’s stake has come down to 28 percent. According to him, Trump’s policy of tariff and pressure is helping BRICS to become stronger and integrated economic blocks.

Trying to dismiss BRICS
Trump has many times rejected BRICS as a small group. In February, he said that the BRICS is over. He also threatened that if the BRICS makes its currency, then the US would impose 100% tariff. Wolf said that India has an old and complex relationship with America since the Soviet period. He warned America believing that India is like another small country, but it is a completely different rival. This step can not only remove India from America, but can also create a new economic and political balance in Asia.

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America’s well-known economist Jeffrey Sachs has described the 50 percent tariff on India by US President Donald Trump as a stupid step. Jeffri said that this move of this US President has no purpose.

Talking to news agency ANI, Jeffrey Sachs described Trump as confusing and said that the US has used its dominant force for so long that they think that they can run their command on every part of the world. He said, “This tariff has no meaning. It is not true and it is failing. Putting additional tariffs on India was a stupid step in every way. Which has no purpose.”

He said, “Trump does not like the countries involved in the BRICS group at all, because all these countries stand in front of America and say that Washington does not run the world.”

India should never trust America- Jeffri

The American economist said, “Everything related to the tariff is completely wrong. It is also dangerous for the American economy. It violates international law. It is also harmful to our political system. Trump’s policies in America are fully cursed to fail.”

According to Jeffrey Sachs, India should never trust America and also should not believe that New Delhi can be included in the Global Value Chain by replacing China. He described China, Russia and Brazil as the real partner of India. He had already warned that India will not get any security benefits from standing with America.

This statement of the American economist came to light when US President Donald Trump has imposed a 50 percent tariff on India, the reason behind which was told to buy India’s Russia oil and gas.

American leaders do not care about India- Jeffri

Sachs said, “America politicians do not care about India. Understand this. India is not going to get any long-term security from standing against China in the quad with America. India is a superpower, which has its own independent identity in the world and the trump that is doing tariffs is absolutely unconstitutional.”

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A day after talking to Prime Minister Narendra Modi, Russian President Vladimir Putin called Brazil President Lula de Silva. According to Kremlin’s statement, the two leaders reiterated their resolve to further strengthen strategic partnership and coordination within the BRICS. According to the Brazilian President’s Office, the call took place on Putin’s initiative and it also discussed not only BRICS but also Brazil-Russia Cooperation with Ukraine, America and recent tariff policies.

A day earlier, President Lula called Prime Minister Modi. The two leaders emphasized the target of exceeding $ 20 billion to bilateral trade by 2030. Along with this, cooperation in areas like energy, agriculture and technology was also discussed. India-Brazil relations, especially on multilateral forums like BRICS and G20, have become rapidly strengthened in recent years.

What will be the effect of Trump’s tariff on BRICS?

US President Donald Trump has recently imposed high tariffs on both India and Brazil. America has imposed 50% tariff on India. Due to buying oil from Russia, US President Donald Trump imposed a high fee on Brazil, which is seen in the context of Republican pressure related to the trial against former President Bolsonaro in Brazil. These tariffs highlight the need for a collective response to the BRICS countries, although Lula has clarified that Brazil will not impose tariffs on America alone.

Brazilian strategic reaction

Responding to Trump’s tariff, Brazil has intensified efforts to increase trade with partners like China, India and South-East Asia. Although Brazilian oil producers have been relieved from American tariffs, concerns have increased about Brazil’s dependence on Russian diesel after applying additional tariffs on India.

What steps will Brazil take about tariff?

The recent dialogue between Lula, Putin and Modi indicates that BRICS countries can formulate a joint strategy against the American tariff. Although no official joint statement has been issued yet, the process of dialogue shows that this issue will be a major agenda in the upcoming BRICS conferences.

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US President Donald Trump claimed BRICS a ‘small group’, claiming that it wants to break the ‘dollar dominance’. He also warned that if the members of the BRICS do this, they will impose a 10 percent fee on them. Trump has threatened to impose a 10 percent fee to Brazil, Russia, India, China and South Africa for the second time in ten days.

Trump told reporters at the White House on Friday (July 18, 2025), ‘You have a small group called BRICS. Its brightness is becoming increasingly fading, but BRICS is trying to break the status of standard currency, standard currency status.

BRICS Group countries retaliated on America

The US President said during an event organized to sign the ‘Genius Act’, “I said that we will impose a 10 percent fee on any country in the group of BRICS countries.” The ‘Genius Act’ is the first Cryptocurrency Bill, which has been approved by the American legislature. This establishes regulatory structure for stable cryptocurrency.

A few weeks after Trump’s initial announcement of imposing retaliation on countries around the world, during the two -day summit at Rio de Janeiro earlier this month, the BRICS group countries indirectly attacked the US and expressed serious concern over an increase in import duty in a unilateral manner.

Global trade is a big threat

The BRIC manifesto released on July 6 said that the fee increase is not in line with the rules of the World Trade Organization and this will threaten global trade. On July 8, Trump claimed that the BRICS has been established to damage the US and weaken the dollar. He warned that the member countries of this group would have to face 10 percent fee.

Trump on Friday reiterated his concern about the dollar, claiming, ‘The next day BRICS countries met and almost no one came. They did not want a fee, this is amazing. No, we will not allow the dollar to weaken. If we have a wise President, then you will never let the dollar become weak.

Weak like losing world war

Trump stressed the dollar position as the world’s reserved currency for the coming generations and said that reserved currency is very important. If we lose it then it will be like losing the World War. We cannot allow anyone to play with us, so when I heard about this group of six countries of BRICS, I attacked them very strongly.

The US President said, ‘Even if they have ever been made, even if they have ever been made in a meaningful way, it will end very quickly. I don’t think they will do this, they are scared of me in a way.

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Russia -India -china trilateral dialogue: China said on Thursday that it advocates to resume Russia-India-China (RIC) trilateral cooperation. This cooperation format was in cold storage for a long time. Beijing said that RIC is very important for the interests of the three countries as well as global stability.

Russia’s initiative, China’s support
Russian news portal Izhawstia reported that Russia’s Deputy Foreign Minister Andrei Rudankco has said that Moscow expects the restoration of RIC format and is interacting with China and India on the issue. He said that this cooperation is important as the founder and strategic partner of BRICS. Rudenko also said that they see this format getting active again, provided the relations of the three countries reach the level that can make trilateral meetings possible.

Official statement of China
Chinese Foreign Ministry spokesman Lynn Gian, reacting to Rudenco’s statement in press briefing, said that China is ready to continue the dialogue with India and Russia to protect the interests of the three countries and promote global stability through RIC.

Jayashankar’s visit to China increased stir
Russia and China’s interest in RIC recently increased when Indian Foreign Minister S Jaishankar visited China to attend the Shanghai Cooperation Organization (SCO) meeting. During this, he also met with Chinese Foreign Minister Wang Yi and Sergei Lavrov of Russia.

Us tarifs on brazil: The US has boiled the biggest tariff bomb over BRICS member country Brazil. US President Donald Trump announced on July 9 to impose a 50 percent heavy tariff on Brazil. Prior to this, he had announced to put up high tariff rates over 5 countries, including 30 percent on Algeria, Libya, Iraq and Sri Lanka, while 25 percent on Brunei, Moldova and 20 percent tariffs on the Philippines. New rates of tariffs on all of them will be affected from August 1.

President Lula’s Warning

Here, Brazilian President Luiz Eneasio Lula Dr. Silva, who furious with President Trump’s heavy tariff, has threatened to take retaliation against it. He said that if America will increase the import duty by unilaterally by putting tariffs, then Brazil will also retaliate. Trump has also criticized the trial against former Brazilian President Zaar Bolsonaro and the behavior of him. Significantly, Bolsonaro is currently facing the trial of Takhtapat’s conspiracy.

Business conflict will increase

Significantly, the Brazilian BRICS group is a member of the countries, whose members are members along with Russia and China. Tariff letters are being sent by President Trump to those countries, which have not yet done any trade deal with America. Trump has to reduce his trade deficit, for this they are trying to create a constant pressure fee.

For the first time this year, on 2 April this year, President Trump was announced to put Tariff on the countries around the world. However, he was stopped for three months. But now the deadline of this tariff has been extended to 1 August. In such a situation, uncertainty is being seen once again in the international market.

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India-as Mini Trade Deal: The negotiations on the limited trade agreement between India and the United States are in the final stages. American tariff deadline is happening on Wednesday (July 9, 2025). For other countries, this deadline has been extended till August 1, but India has not been included in it, which is estimated that the official announcement of the deal between the two countries can be made anytime tonight.

The conversation was going on for a long time
According to a senior official, talks were going on between India and the US for several weeks. However, this deal will be limited as many areas could not be agreed. India was firm on its demands and was willing to face the tariff, but the US took the initiative to negotiate.

Suspense over tariff
It is not yet clear how much tariff America will impose on India, but according to reports it can be between 10 and 20 percent. Donald Trump warned of 10% additional tariff on BRICS countries. 26% of the recipe rockel tariff has already been implemented on India.

India does not have a trade deficit from America
In the financial year 2022-23, India exported ₹ 6.84 lakh crore to the US while in 2023-24 it was ₹ 6.75 lakh crore. At the same time, India’s imports from America decreased from ₹ 4.43 lakh crore to ₹ 3.67 lakh crore in 2023-24. India exports double to America, which will benefit it despite the tariff.

China-Bangladesh loss, India will get benefit
After the Geneva Agreement, the tariff war between the US and China has intensified. The US has imposed 51% tariff on China and 35% on Bangladesh. This will affect the export capacity of these countries and India will get competitive benefits in the US market, especially in textile.

Who will benefit from this deal?
To India:

• Textile, medicines, and jewelery access to the US market
• Export will be cheaper by removing 26% reciperook tariff
• Bilateral trade can reach $ 500 billion by 2030

To America:

• Products like Pekan Nuts, Blueberry and Automobiles are a chance to sell on low tariffs in India
• An opportunity to strengthen market in Asia
• The possibilities of broad deal in future will be stronger

PM Modi in Brics Summit 2025: At the 17th BRICS conference held at Rio de Janeiro in Brazil, Prime Minister Narendra Modi kept India’s vision strongly. He said that when India will be chaired by BRICS, this organization will move forward with a new idea of ​​’strength for cooperation and stability’. PM Modi said, Global South will get priority under India’s BRICS. He said, BRICS will mean flexibility and innovation for cooperation and stability. We will pursue this platform with humanity earlier feelings and public-focused approaches.

India will give a new identity to BRICS
Prime Minister Modi said that under the chairmanship of India, BRICS will get a new objective, which will promote cooperation, strength and stability in the world. This will not be only a platform, but will be the center of expectations of all developing countries.

Prime Minister Narendra Modi said that while some countries measure climate change only in data, India has won it in its rites. Climate Justice is not an alternative to India but a moral duty, because the health of the earth and human health are deeply connected to each other. He emphasized that the confidence in the developed countries should be the same in developing countries. Referring to Kovid epidemic, he said that this crisis has taught us that neither viruses bring visas nor solutions are selected by looking at passports.

The voice of small countries will be strong
Modi insisted that the time has come to listen to small and developing countries in institutions around the world. He said that India supports the fact that everyone should get equal rights and participation. New technology such as artificial intelligence (Artificial Intelligence) was also discussed in the meeting. Prime Minister Modi said that this technology should not be limited only to rich countries, but everyone should get its benefits.

Modi’s strict message on terrorism
The Prime Minister said that terrorism is the biggest threat to the whole of humanity today. Referring to the attack in Pahalgam in Jammu and Kashmir this year, he said, “It was an attack not only on India but the whole world.” He said that strict action should be taken against the countries which give money, training or shelter to terrorism. There should be no double attitude on this issue. India thanks BRICS for the fact that it strongly condemned the Pahalgam attack.

Solidarity is necessary
Prime Minister Modi appealed to all countries not to keep tolerance against terrorism at all. He said that this fight is not only of India, but it is the responsibility of the whole world.

Trump Tariff: After the BRICS 2025 conference held in Brazil, the geopolitical atmosphere has been heated. US President Donald Trump has warned the BRICS countries of adopting “anti -America policies” to impose an additional 10% tariff on 12 countries. China has reacted strongly to this. China has clearly stated that the BRICS group does not want conflict, but it is wrong to use tariffs as political pressure.

China’s US two
During the regular press briefing in Beijing, Chinese Foreign Ministry spokesman Mao Ning said, there is no victory in the tariff and trade war. Protectionism is not the way forward. China criticized the US using tariffs as a political weapon and said that this strategy would not be beneficial for anyone.

Trump’s warning
Trump has spoken of giving economic punishment to those countries which are standing with anti-American policies of BRICS. Aerial attacks on Iran’s military and nuclear bases by the US and Israel at the BRICS conference were called “illegal”. This move of BRICS is considered to be the hardest collective condemnation ever on Western military action. Trump said that countries supporting such proposals should be ready to suffer economic consequences.

Concern over Iran and Gaza, condemnation of terrorism
Apart from Iran’s issue, the Gaza war was also discussed in the conference. BRICS countries raised concerns over unilateral military actions and emphasized the need for peace. At the same time, the terrorist attack in Pahalgam in Jammu and Kashmir, India was also strongly condemned. BRICs demanded strict action on cross -border terrorism and terror financeing networks.

Stress grows behind Trump’s threat
Trump said that he has prepared tariff notices for 12 countries which have been signed and ready. These letters will be issued at 12 noon (EST) on Monday afternoon. This threat has come at a time when the temporary ban on the new policy of tariff in the US ends on 9 July. Earlier on April 2, Trump had announced to increase the tariff on all business partner countries, causing diplomatic disputes around the world.