US-led tariff battle may bring emerging economies closer together

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As the threat and reality of U.S.-imposed tariffs around the world continue, the increasingly influential group of countries known as the BRICS bloc is also flexing its muscle.

What started as the emerging economies of Brazil, Russia, India, China, and South Africa has now become an 11-nation trading and political bloc, with Indonesia becoming the latest member state to join in January 2025.

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