China and Brazil seek new direction for global trade

World Today

China and Brazil seek new direction for global trade

The BRICS summit begins on July 6 with the global trading landscape shifting quickly.
U.S. tariffs on nearly all trade partners are especially harsh on manufacturing powerhouses who are members of a trading bloc representing some of the world’s biggest economies.
And yet they’re pivoting quickly to tap bigger markets among themselves, as Owen Fairclough reports.