Can BRICS challenge the US-led world order?
Summary
The BRICS group of developing countries wants to change the way the global economy is run, currently led by the United States. However, there are disagreements among its members, and while they have criticized U.S. policies, they have not directly named the U.S. President Trump reacted by threatening new trade tariffs.Key Facts
- BRICS is a group of developing nations.
- These countries want to change the current U.S.-led global economic system.
- BRICS leaders criticized U.S. trade policies during a meeting in Brazil.
- They mentioned the issues without directly naming the United States.
- President Trump warned he might add a 10% tariff on countries following BRICS policies.
- A UN expert called for holding international companies accountable for benefiting from the situation in Gaza.
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