Trump has threatened to impose 100% tariffs against the bloc if they take any moves to undermine the dollar. Last year, at the summit hosted by Russia in Kazan, the Kremlin sought to develop alternatives to U.S.-dominated payment systems which would allow it to dodge Western sanctions imposed after Russia’s invasion of Ukraine in February 2022

BRICS Summit in Brazil, discussions focused on global governance reform, environmental issues, and global health.

At the BRICS Summit in Rio de Janeiro, Brazil, addressed the session on ‘Peace and Security and Reform of Global Governance.’ Expressed my views on why the voice of the Global South is more important than ever before and why it’s essential that global institutions provide… pic.twitter.com/XNqG8v1BXk