Brazilian President Luiz Inácio Lula da Silva says he will impose retaliatory tariffs on the United States if President Donald Trump follows through on a pledge to boost import taxes by 50%

Brazil is playing host to a summit of the Brics bloc of developing economies Sunday and Monday during which pressing topics like Israel’s attack on Iran, the humanitarian crisis in Gaza and trade tariffs imposed by US President Donald Trump are expected to be handled with caution.

In geopolitics, fortune favors the patient opportunist. Tariffs designed to isolate one partner often bind that partner more tightly to another.

BRICS leaders meeting in Rio de Janeiro Sunday warned that US President Donald Trump's "indiscriminate" import tariffs risk hurting the global economy. The final summit statement condemned last

In an extraordinary act of imperialist intimidation, President Donald Trump announced on Wednesday the imposition of 50 percent tariffs on all products exported by Brazil to the United States.

BRICS was founded by Brazil, Russia, India, China and South Africa, but the group last year expanded to include Indonesia, ... a researcher at the University of Sao Paulo’s BRICS study group. ...

BRICS as an International Turning Point It was no ordinary summit. The BRICS' statement in Rio de Janeiro on July 7, 2025, was not