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The BRICS bloc is growing — and Trump’s tariff threat isn’t expected to put off aspiring members

Family photo of leaders taken at the 16th BRICS Summit in Kazan, Russia on Oct. 24, 2024. Anadolu | Anadolu | Getty Images President-elect Donald Trump has pledged a 100% tariff against BRICS nations if they continue to undermine the U.S. dollar — but the threat won’t rein in the group’s expansion, analysts tell CNBC. […]

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Russia calls on BRICS partners to create alternative to IMF

MOSCOW (Reuters) – Russia, which chairs the BRICS group this year, has called on its partners to create an alternative to the International Monetary Fund (IMF) to counter political pressure from Western nations ahead of the BRICS summit later this month. BRICS, originally comprising Brazil, Russia, India, and China, has expanded to include South Africa, […]