The GTRI report warns India against hastily signing trade deals with the US due to aggressive tariffs and penalties. It emphasizes that the US's use of the dollar as a weapon has compelled nations to

India is trying to shield itself from President Donald Trump’s backlash against BRICS by stressing it has no plans to challenge the US dollar’s global dominance, according to people familiar with the matter.

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.

BRICS faces challenges from Trump's tariffs. India to host BRICS summit next year. What are the costs and benefits for India to stay in BRICS?

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.

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.

Both Jakarta and Hanoi seek to preserve strategic autonomy while navigating an increasingly polarized international environment. BRICS may offer a third path.

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,