‘BRICS was an attack on the dollar…’, Trump again threatened to impose tariffs on the group’s countries – BRICS Donald Trump Criticism Dollar Challenges World Trade Currency NTC

US President Donald Trump has once again claimed that the BRICS group is falling apart and every country is leaving the group. He said, “Everyone is pulling out of BRICS. No one is talking about it. BRICS was an attack on the dollar and I threatened to impose tariffs on all those countries.”

President Trump asserted that “I’m very tough on the dollar, and anyone who wants to trade in dollars will have an edge over those who don’t. Anyone who wants to be in BRICS, that’s fine, but we will put tariffs on those countries. BRICS was an attack on the dollar.”

Also read: Jaishankar held a meeting with BRICS foreign ministers in New York, said – this platform is a strong voice for global reform.

Trump’s statement comes in the broader global context in which BRICS member countries, such as Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, UAE and Indonesia, are jointly challenging the global dominance of the US dollar in the economic and trade sphere.

BRICS claims to stop progress by imposing tariffs

Trump says that he has stopped the progress of this block by imposing tariffs. However, experts and international analysts believe that the BRICS organization is getting stronger and the economic influence of its member countries is continuously increasing.

Trump specifically talked about imposing tariffs on India and other BRICS countries, and also warned of an additional 10% tariff, that too on those countries that want to join the organization called BRICS+. His stance is considered to be part of his strategy to protect the US dollar’s status as the global leading currency.

Also read: ‘Some countries are waging a tariff war… BRICS countries should remain united’, Chinese President Xi Jinping appealed.

The expansion and influence of BRICS is continuously increasing

According to analysts, despite Trump’s claims, the expansion and influence of BRICS is continuously increasing and the group is strengthening its pluralistic global economic role with many new members. Despite the exceptions and misunderstandings of BRICS, this organization is bringing about a change in the global economic balance.

Trump asserted, “BRICS tried to destroy our dollar, so I said anyone who wants to participate in this game, we will impose tariffs on their products.” He also said that “They said, like I said, we are pulling out of BRICS… They don’t even talk about it anymore.”

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