International RelationsEconomy
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India-Brazil Sign Pact on Critical Minerals, US Raises Tariffs to 15%, and 88 Nations Adopt Delhi AI Declaration

Target:UPSC GS-IIMPSCSSC GATeachingPrelims HighMains HighStatic GK Link
22 Feb 2026
~2 min
Source: Indian Express
Key Data:$12.20 billion15%150 days8819481961
Bodies:US Supreme CourtMEACommerce Ministry
Practice MCQs from today's news ▸
What This Article Covers

1.India and Brazil signed an agreement on critical minerals and rare earths, a digital partnership MoU, and MoUs in MSMEs, healthcare, and traditional knowledge during President Lula's visit, aiming to strengthen Global South cooperation.

2.The US Supreme Court struck down President Trump's reciprocal tariffs, leading him to impose a new blanket 15% tariff for 150 days using Section 122 of the Trade Act of 1974, affecting India-US trade dynamics.

3.India secured a diplomatic win with 88 countries and organizations signing the 'New Delhi Declaration on AI Impact', focusing on democratizing AI, creating a 'Trusted AI Commons', and establishing an 'International Network of AI for Science Institutions'.

The Big Picture
Prelims · HighMains · High

This article covers three major developments crucial for India's strategic and economic interests. First, India and Brazil solidified their Global South partnership with agreements on critical minerals and digital infrastructure. Second, the US raised blanket tariffs to 15%, impacting global trade dynamics. Third, India achieved a diplomatic victory with the New Delhi Declaration on AI Impact, signed by 88 countries including the US and China.

Exam Lens

Quick Exam Facts From News

India-Brazil Bilateral Trade (2024-25)$12.20 billion
New US Tariff Rate15% (for 150 days)
Signatories to Delhi AI Declaration88 countries/organizations
India-Brazil Diplomatic Ties Established1948
US Tariff Legal AuthoritySection 122, Trade Act of 1974

1-Minute Revision

  • ›India-Brazil Bilateral Trade (2024-25): $12.20 billion
  • ›New US Tariff Rate: 15% (for 150 days)
  • ›Target this Data: Bilateral trade with Brazil was $12.20 billion in 2024-25.
  • ›Target this Nodal Body: The US President invoked Section 122 of the Trade Act of 1974.
  • ›Target this Legal Point: The US Supreme Court struck down tariffs imposed under the IEEPA.
  • ›Target this Fact: 88 countries signed the New Delhi Declaration on AI Impact.

Mastered this topic? Test your knowledge with a full MCQ quiz.

Practice exam-style questions, track your score, and strengthen your recall.

Q1Static LinkageEasy

India and Brazil are both members of which of the following multilateral groupings?

Q2Statement-basedHard

Consider the following statements regarding the recent developments in the article:

1. The US Supreme Court upheld President Trump's authority to impose reciprocal tariffs under the IEEPA.

2. The New Delhi Declaration on AI Impact advocates for the 'democratic diffusion' of AI and includes a 'Trusted AI Commons'.

3. Brazil is India's largest trading partner in the Latin American region.

Which of the statements given above is/are correct?

Q3Data-centricMedium

According to the article, what is the new blanket tariff rate imposed by the US President on imports, and for how long is it applicable?

Q4Application/ImpactMedium

What is a primary strategic objective behind India's push for the 'New Delhi Declaration on AI Impact' as highlighted in the article?

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