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After U.S. Tariff Shock, BRICS Leaders Call for Open Trade at Brazil-Hosted Virtual Meeting

With speeches kept private and no joint statement planned, the session signaled coordination on defending multilateral rules and shoring up supply chains rather than immediate policy moves.

Overview

  • India sent External Affairs Minister S. Jaishankar in place of Prime Minister Narendra Modi, and he urged fair, transparent practices, shorter and more resilient supply chains, and a review of trade flows within the bloc.
  • China’s Xi Jinping joined by video and warned that a “certain country” is raising trade‑war risks, calling on members to resist all forms of protectionism and deepen economic cooperation.
  • Russia’s Vladimir Putin participated, and Brazil’s President Luiz Inácio Lula da Silva convened the meeting to respond to Washington’s tariff actions and to rally support for multilateralism.
  • Brazilian officials kept the leaders’ remarks closed to the press, and participants did not plan a joint communiqué at the close of the brief meeting.
  • The talks followed steep U.S. levies, including 50% duties affecting India and Brazil, which have pushed the grouping to coordinate messaging while New Delhi maintains a cautious posture ahead of its 2026 chairmanship.