Russian President Vladimir Putin joined an extraordinary BRICS summit via video link, a virtual meeting convened by Brazil to address growing global concerns over US President Donald Trump’s sweeping trade tariffs.

Moscow

Donald Trump has signed an order to impose tariffs imports into the U.S. from countries including China, Mexico and Canada.

Global Tariffs

Leaders of the BRICS nations convened via video link for an extraordinary summit aimed at addressing rising global trade tensions, particularly those stemming from US-imposed tariffs. The meeting, chaired by Brazil, included participation from Russia, China, South Africa, Egypt, Iran, Indonesia, the UAE, India, and Ethiopia.

Discussions centered on expanding cooperation in trade, finance, and investment amid concerns over market volatility and slower economic growth. Chinese President Xi Jinping emphasized the importance of multilateralism and called for reforms to international institutions to better represent the global south and promote a more democratic international order.

BRICS leaders unite to tackle global trade tensions and U.S. tariffs

On Monday, Russian President Vladimir Putin joined an extraordinary BRICS summit via video link, a virtual meeting convened by Brazil to address growing global concerns over US President Donald Trump's sweeping trade tariffs. According to the Kremlin, BRICS leaders discussed expanding cooperation in trade, finance, investment and more, all while grappling with growing volatility in the global economy. Trump's tariffs have shaken markets, strained alliances and raised fears of inflation and slower growth, yet he defends them as necessary, saying the US would be on the brink of economic catastrophe without them. From Beijing, Chinese President Xi Jinping used the summit to double down on multilateralism. He called it the shared aspiration of the people and proposed a new global governance initiative to promote equity and reform in international institutions. Xi urged stronger supports for the United Nations system, for a global representation for the global south, and a more democratic international order to face the coming challenges of humanity. The summit, chaired by Brazil's President Luiz Inácio da Silva, brought together the leaders from Russia, South Africa, Egypt, Iran, Indonesia, the UAE, India and Ethiopia.

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Ilan and Asaf Ramon International Airport

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BRICS leaders unite to tackle global trade tensions and U.S. tariffs

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