From BRICS nations' ambitious payment systems to President Donald Trump's aggressive tariff threats, the international monetary landscape appears to be shifting. Yet beneath the surface of these headline-grabbing developments lies a more complex reality: despite concerted efforts by major emerging economies,

President Donald Trump threatened to add a 10% tariff rate on BRICS-aligned countries. The term first applied to 4 countries but the group expanded.

The White House concluded that non-tariff methods for punishing Brazil would take too long, two people familiar with the situation said.

BRICS, formed in 2009, is the only major international group of which the US is not a part. Its other members are South Africa, Iran, Egypt, Ethiopia, and the United Arab Emirates.

As the August 1 deadline for new tariffs looms, the global community watches closely. The BRICS nations, comprising Brazil, Russia, India, China, and South Africa, have emerged as vocal critics, rejecting the notion of a U.

US President Donald Trump is doubling down against the BRICS bloc of fast-growing economies — including Brazil, Russia, India, China and South Africa — warning that their push to undermine the US dollar's dominance threatens America’s economic supremacy.

US President Donald Trump has announced a 50 percent tariff on Brazilian imports as he accused the country's leftist leadership of orchestrating a "witch hunt" against his right-wing ally, former leader Jair Bolsonaro.

Trump’s new tariff letters have sent shockwaves across global markets as he targets 22 countries with tough new trade threats just weeks before the August 1 deadline. From close allies like Japan and South Korea to BRICS nations like Brazil and South Africa,