Why is #TRUMP taking aim at BRICS?๐Ÿ’ฅ๐ŸŒ

U.S. President Donald Trump recently threatened 10% tariffs on BRICS members, a continuation of his long-standing criticism of the group ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ’”. Trump has described BRICS as โ€œanti-Americanโ€, particularly due to its push to reduce reliance on the U.S. dollar ๐Ÿ’ต by promoting local currencies in trade. This effort gained momentum after 2023, fueled by Western sanctions on Russia ๐ŸŒ.

BRICS' Stance ๐ŸŒโœจ

BRICS leaders have denied trying to dethrone the U.S. dollar ๐Ÿšซ๐Ÿ’ต. South Africa clarified that their initiative is about local currencies, not replacing the dollar ๐ŸŒ. While some leaders have voiced anti-U.S. sentiments, official statements avoid directly challenging the U.S. or the dollar.

Trumpโ€™s Retaliation & Global Reactions ๐Ÿ”ดโšก

In July 2025, Trump, as the BRICS summit unfolded in Rio, warned that countries aligning with BRICS would face a 10% tariff ๐Ÿšจ. The reduction from his initial 100% tariff is unclear, but signals frustration over BRICSโ€™ de-dollarization drive ๐Ÿšซ๐Ÿ’ฒ. Trump's administration has already imposed tariffs on Brazil ๐Ÿ‡ง๐Ÿ‡ท and South Africa ๐Ÿ‡ฟ๐Ÿ‡ฆ for political reasons. The Sanctioning Russia Act of 2025 could impose 500% tariffs on Russian products ๐Ÿ›ข๏ธ, affecting India ๐Ÿ‡ฎ๐Ÿ‡ณ and China ๐Ÿ‡จ๐Ÿ‡ณ.

India's Position ๐Ÿ‡ฎ๐Ÿ‡ณ๐Ÿ”‘

India, pursuing a Free Trade Agreement with the U.S. ๐Ÿค, rejected Trumpโ€™s label of BRICS as anti-American ๐Ÿšซ. Indiaโ€™s Finance Minister Pankaj Chaudhury confirmed BRICS only "noted" alternatives to the dollar, not adopting them ๐ŸŒ. External Affairs Minister S. Jaishankar reinforced that India does not seek to replace the dollar ๐Ÿ’ต, despite internal BRICS differences โš–๏ธ.

As global tensions rise ๐ŸŒ, Trumpโ€™s concern over de-dollarization persists, but BRICS leaders insist their aim is economic cooperation, not disrupting the global financial system ๐Ÿ’ช.

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