Barcelona: US President Donald Trump has apparently confused Spain for a member of the BRICS bloc of developing economies, causing some head-scratching and jitters over possible tariffs in Madrid ...

U.S. President Donald Trump said on Thursday that BRICS nations could face 100% tariffs from the United States "if they want to play games with the dollar." Trump warns BRICS nations could face 10 ...

BRICS refers to Brazil, Russia, India, China, and South Africa. The European nation was placed bottom in the 32-nation military alliance, with defence spending estimated at 1.28% last year.

Leaders of the countries known as BRICS will hold a summit in Rio de Janeiro in July, the current chair Brazil announced Saturday. Other members of the trading bloc include Russia, India ...