Putin Signals BRICS Retaliation against US Tariffs as Modi Meets wiht Russian President in China
Qingdao, China – August 31, 2025 – Russian President Vladimir Putin, arriving at the SCO summit in China, issued a pointed warning to the United States regarding escalating trade tensions, suggesting a unified response from the BRICS economic bloc should the US impose further tariffs. The statement came as Prime Minister Narendra Modi also arrived in China for the summit, setting the stage for potential discussions on the evolving global trade landscape and its impact on India.
the escalating rhetoric underscores growing anxieties over a potential trade war initiated by former US President Donald Trump, who has repeatedly advocated for increased tariffs on goods from China and other nations. Putin’s comments signal BRICS – comprising Brazil,Russia,India,China,and South Africa – may act collectively to counter such measures,perhaps disrupting global markets and reshaping international economic alliances. This progress arrives at a critical juncture for India, a key player in the BRICS alliance and a notable trading partner with both the US and China, forcing New delhi to navigate a complex geopolitical situation.
Putin, speaking to reporters, criticized what he described as unfair trade practices and the weaponization of tariffs. He stated that BRICS nations would be prepared to “set down the role of duty” and respond in kind if the US continues to pursue protectionist policies. The Russian President’s remarks were widely interpreted as a direct challenge to Trump’s trade agenda and a demonstration of solidarity among BRICS members.
Prime Minister modi’s presence at the SCO summit provides an opportunity for direct engagement with putin and other world leaders on these pressing issues. Discussions are expected to centre on mitigating the potential fallout from a US-led trade war,exploring alternative trade routes,and strengthening economic cooperation within the BRICS framework.The potential for retaliatory tariffs from BRICS nations poses a significant risk to US businesses and consumers. India, as a major importer of US goods, could also be affected by increased tariffs, potentially impacting its economic growth and trade balance. Investors are closely monitoring the situation, with the GIFT Nifty - an Indian stock futures contract – reflecting heightened volatility in response to the unfolding events.
Background: The Shanghai Cooperation Organisation (SCO) is a Eurasian political,economic,and security organization. the current summit is focused on regional security and economic cooperation, but trade tensions have emerged as a dominant theme. The BRICS economic bloc was formed in 2009 as a platform for emerging economies to challenge the dominance of conventional Western financial institutions.