Massive U.S. Tariffs Drive Closer India-Brazil Alliance ...Middle East

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Massive U.S. Tariffs Drive Closer India-Brazil Alliance
source : OILPRICE ( Middle East ) () 85
Two of the founding members of the BRICS alliance, India and Brazil, drew the short straw when it comes to new U.S. trade policy. South America’s largest economy and Asia’s second-biggest economy have both been slapped with 50% tariffs on their goods exported to the United States. Faced with the highest U.S. tariffs of any nation, India and Brazil are seeking closer strategic, economic, trade, and energy cooperation and have recently signed deals to expand their trade agreements. Brazil’s Vice President Geraldo Alckmin visited…

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