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BRICS Vows to Triple Trade Flow With New Partnerships

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BRICS countries India and Brazil have vowed to triple their trade flows with new partnerships in the short term. India and Brazil officially signed several deals this month, which include the trade of cotton, chicken, and other food items. According to the report from India’s Prime Ministerial Office (PMO), the roadmap for new deals will include industrial partnerships, nutritional security, and energy transition. “Our $12 billion trade flow is not up to par with our economies,” said Brazilian President Lula da Silva. “We are determined to accelerate this goal, tripling this amount in the short term,” he said. Brazil and India’s upcoming partnerships will come when Trump is openly threatening BRICS countries against anti-American policies. The US President has been repeatedly launching tirades against the growing influence of the 10-member bloc. Also Read: Trump’s 25% Tariff on India Puts BRICS Unity to the Ultimate Test BRICS Countries India & Brazil To Triple Trade Partn...

US Confirms Trade Talks With China Going Well, Stocks & USD Could Boom

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US Commerce Secretary Howard Lutnick confirmed that trade talks with China have resumed in London for a second day. Top US and Chinese officials are working to secure a breakthrough in trade deals for the exports and imports of goods. Dialogues over the export controls for rare earth minerals and other important goods are being discussed in the ongoing talks. The stock market and the US dollar are expected to surge if the trade talks go through. Also Read: De-Dollarization: Which Currency Will Replace the US Dollar? JUST IN: US Commerce Secretary Lutnick says trade talks with China are going well and will continue all day. — Watcher.Guru (@WatcherGuru) June 10, 2025 President Donald Trump also said on Tuesday “We’re doing well with China. China’s not easy,” as the discussions progress. The talks come after data from the Customs Department shows that China’s exports to the US plunged 34.5% in May. This was the steepest fall recorded since the outbrea...