BRICS Online Conference: Seven Key Points

Brazilian President Lula held an online BRICS summit, and leaders of 10 countries criticized Trump's trade policy, but avoided radical remarks in order to prevent further tariffs. Indian Foreign Minister Sousy Sousy attended the meeting in place of Modi, emphasizing that trade barriers and linking trade to non-trade issues would be of no benefit. The meeting avoids discussions on de-dollarization or the common currency of the BRICS countries, reflecting a cautious diplomatic strategy to ease tensions without reaching a new trade agreement.