Overview

• The Brazilian chair set a leaders-level virtual meeting for September 8 to discuss Washington’s recent tariff actions.
• India’s Ministry of External Affairs confirmed that External Affairs Minister S. Jaishankar will represent India at the session.
• Reports describe tariffs raised to about 50% on a range of Brazilian exports and an additional 25% on select Indian imports linked to purchases of Russian oil.
• President Lula convened the meeting to align emerging economies behind multilateral trade rules, following BRICS criticism of the “weaponisation of trade.”
• The Kremlin said President Vladimir Putin will participate, while Brazilian officials have not yet detailed which members will join or at what level.