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BRICS Nations Pledge Trade Unity

Five of the biggest emerging economies Thursday stood by the multilateral system and vowed to strengthen economic cooperation in the face of U.S. tariff threats and unilateralism. The heads of the BRICS group — Brazil, Russia, India, China and South Africa — met in Johannesburg for an annual summit dominated by the risk of a U.S.-led trade war, although leaders did not publicly mention President Donald Trump by name. “We express concern at the spill-over effects of macro-economic...


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