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BRICS Nations Raise ‘Serious Concerns’ Over Trump Tariffs
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By Kayode Sanni-Arewa
BRICS leaders meeting in Rio de Janeiro on Sunday are expected to decry US President Donald Trump’s “indiscriminate” trade tariffs, saying they are illegal and risk hurting the global economy.
Emerging nations, which represent about half the world’s population and 40 per cent of global economic output, have united over “serious concerns” about US import tariffs, according to a draft summit statement obtained by AFP on Saturday.
Since coming to office in January, Trump has threatened allies and rivals alike with a slew of punitive duties.
His latest salvo comes in the form of letters informing trading partners of new tariff rates that will soon enter into force.
The draft summit declaration does not mention the United States or its president by name, and could yet be amended by leaders gathering for talks Sunday and Monday.
But it is a clear political shot directed at Washington from 11 emerging nations, including Brazil, Russia, India, China, and South Africa.
“We voice serious concerns about the rise of unilateral tariff and non-tariff measures which distort trade and are inconsistent with WTO (World Trade Organization) rules,” the draft text says.
It warns that such measures “threaten to further reduce global trade” and are “affecting the prospects for global economic development.”
Conceived two decades ago as a forum for fast-growing economies, the BRICS have come to be seen as a Chinese-driven counterbalance to Western power.
But the summit’s political punch will be depleted by the absence of China’s Xi Jinping, who is skipping the annual meeting for the first time in his 12 years as president.
That absence has prompted fevered speculation in some quarters.
“The simplest explanation may hold the most explanatory power. Xi recently hosted Lula in Beijing,” said Ryan Hass, a former China director at the US National Security Council who is now with the Brookings Institution think tank.
The Chinese leader will not be the only notable absentee.
War crime-indicted Russian President Vladimir Putin is also opting to stay away, but will participate via video link, according to the Kremlin.
Hass said Putin’s non-attendance and the fact that Indian Prime Minister Narendra Modi will be a guest of honour in Brazil could also be factors in Xi’s absence.
“Xi does not want to appear upstaged by Modi,” who will receive a state lunch, he said.
“I expect Xi’s decision to delegate attendance to Premier Li (Qiang) rests amidst these factors.”
Still, the Xi no-show is a blow to host President Luiz Inacio Lula da Silva, who wants Brazil to play a bigger role on the world stage.
In the year to November 2025, Brazil will have hosted a G20 summit, a BRICS summit, and COP30 international climate talks, all before heading into fiercely contested presidential elections next year, in which he is expected to run.
Lula warmly welcomed leaders and dignitaries on Saturday, including China’s Premier Li Qiang, as the leftist president hosted a pre-summit business forum in Rio.
“Faced with the resurgence of protectionism, it is up to emerging countries to defend the multilateral trade regime and reform the international financial architecture,” Lula told the event.
Iran’s President Masoud Pezeshkian, whose nation is still reeling from a 12-day conflict with Israel, is also skipping the meeting and will be represented by Foreign Minister Abbas Araghchi.
A source familiar with the negotiations said Iran had sought a tougher condemnation of Israel and the United States over their recent bombing of Iranian military, nuclear, and other sites.
But one diplomatic source said the text would give the “same message” that BRICS delivered last month.
Also Read: Israeli Air Strike Kills Hamas Leader Mohammed Sinwar
Then Iran’s allies expressed “grave concern” about strikes against Iran, but did not explicitly mention Israel or the United States.
Artificial intelligence and health will also be on the agenda at the summit.
Original members of the bloc, Brazil, Russia, India, and China, have been joined by South Africa and, more recently, Saudi Arabia, Iran, the United Arab Emirates, Egypt, Ethiopia, and Indonesia.
(AFP)
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Red carpet reception for banned referee Artan on arrival in Somalia
Referee Omar Artan has vowed to officiate at the 2030 World Cup after arriving home in Somalia following his ban from entering the United States.
Hundreds of people gathered at the Mogadishu Airport to give a warm welcome to Omar Artan.
Some in the crowd carried banners with supportive slogans while others wore specially made hats bearing pictures of the referee, who has quickly become an icon in his homeland.
There were also social media celebrities who posed for photos with Artan and live-streamed the welcome on their platforms.
Amid the celebratory reception, there was also visible anger that the first Somali appointed as a World Cup referee had been denied entry to the United States.
The 34-year-old – Africa’s referee of the year in 2025 – was set to be the first Somali to referee at a World Cup finals but was denied entry at Miami International Airport on Monday despite holding a diplomatic passport and a single entry US visa.
No reason for his repatriation has been given by US immigration authorities, but Somalia is one of several countries on a travel ban list introduced by President Donald Trump.
He arrived back in Somalia on Wednesday, landing at Aden Adde International Airport in Mogadishu where he was greeted by government officials and representatives of the Somali Football Federation, as well as fellow referees and local residents.
Artan is expected to attend a public event at Mogadishu Stadium later on Wednesday afternoon and watch a match between Heegan and Dekadaha.
“I’d like to thank the officials, ministers, MPs and everyone. I want to thank my country and people for their support. The encouragement I received here, I know I’ll get more support outside [the airport],” Artan said, translated into English by the BBC.
“Everything is pre-destined. Fifa supported me well and were in touch with me until I reached Mogadishu.
“I promise you that I’ll be officiating in the next World Cup. Somalia, everywhere, I’m letting you know.”
Artan, who was named the Confederation of African Football (Caf) men’s referee of the year in 2025, was one of 52 referees selected for the tournament.
However, his “dream” came crashing down as he attempted to travel to the on-pitch officials’ base in Florida, with Artan telling the New York Times, external he had faced an 11-hour immigration interview and was detained for several hours before be was put on a flight back to Istanbul, Turkey.
Speaking to BBC World Service, Andrew Giuliani, who leads the White House Task Force on the World Cup, said: “While I can’t go into the derog [derogatory information] on that I can tell you it was the right decision by customs and border patrol and I support that decision.”
It was not possible for Artan to stay outside the United States and referee matches played in Canada or Mexico, with all on-pitch officials based in Florida for training, preparation, and security.
Trump placed a full entry ban under any visa category for 12 countries, including Somalia, in June 2025.
Two days before the World Cup draw in December 2025, Trump drew widespread attention for comments made about Somalia in the lead up to a planned immigration enforcement operation in Minnesota, which has a large Somali community.
“With Somalia, which is barely a country, you know, they have no anything,” he said.
“They just run around killing each other. There’s no structure.”
He added that Somali immigrants should “go back to where they came from” and that the US would “go the wrong way if we keep taking in garbage to our country”.
On arriving home, Artan urged Somalia’s youth not to lose hope in their country in the face of his treatment, stating: “Let’s all defend Somalia’s honour. We all belong to Somalia whether it’s bad or good.
“That flag is ours and so is the passport – let’s defend it.
“The youth shouldn’t be demoralised about their country. Despite this happening to me, I’ll still stand for my nation.
“I want to continue my journey from here and urge the youth to do the same.”
For his part, Artan was very happy with the welcome he received. The determined look on his face backed up the statements he has made about continuing his career and he told friends that he is ready to start training right away.
After the press conference, he was given a grand farewell. Thousands more people are expected to greet him at the Mogadishu Stadium on Wednesday afternoon. Another hero’s welcome is on the cards.
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Oil prices fall on Iran-US peace optimism
Oil prices tumbled on Tuesday as growing optimism over a possible diplomatic breakthrough between Iran and the United States triggered a sharp sell-off in global crude markets, with Brent sliding toward the $91 per barrel mark.
According to the Economic Times, Brent crude fell by over three per cent during intraday trading, while WTI dropped nearly four per cent, as markets reacted to reports that a draft Iran–US peace agreement had been submitted for review in Washington and described as “preliminarily acceptable”.
The development immediately weakened the geopolitical risk premium that had kept oil prices elevated in recent weeks, particularly following heightened tensions that disrupted sentiment around Middle East supply routes and the strategically critical Strait of Hormuz.
The strait, through which roughly 20 per cent of global crude shipments pass, had been a key focus for traders after earlier disruptions triggered a sharp rally that pushed oil prices above $120 per barrel in late February.
At the time, fears of prolonged supply shocks sent global energy markets into panic buying. Tuesday’s decline therefore marks a significant reversal, as traders began pricing in the possibility that easing geopolitical tensions could stabilise supply flows and reduce the likelihood of further disruptions.
Experts said the market is now reacting less to immediate supply concerns and more to expectations of diplomatic progress, although they warn that sentiment remains highly sensitive to any setback in negotiations.
Any breakdown in talks, they note, could quickly reverse the current price trend given the still-fragile security environment in the Gulf region.
The Economic Times notes that energy markets reacted swiftly to shifting geopolitical signals and easing fears over supply disruption.
Oil traders said the combination of easing geopolitical fears and shifting supply data continued to drive volatility in global crude markets.
In Nigeria, the Nigerian National Petroleum Company Limited recorded an over 70 per cent rise in revenue and profit. The Dangote Refinery also benefited from high fuel exports, but households are enduring higher fuel prices, raising inflation pressures.
However, the conflict involving Iran led to a sharp rise in fuel costs, impacting Nigeria’s inflation figures negatively. It is expected that a further crash in oil prices would translate to cheaper fuel for Nigerians.
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