BRICS Gears Up: A Unified Front Against Trump's Tariff Threats
The post highlights a planned BRICS (Brazil, Russia, India, China, South Africa) discussion on countering U.S. tariffs proposed by President Trump, following his July 2025 threat of a 10% additional tariff on countries aligning with BRICS, escalating tensions from the Rio de Janeiro summit where BRICS leaders criticized unilateral trade measures.
Economic modeling, such as a 2025 study by Niven Winchester from Motu Economic & Public Policy Research, suggests Trump’s tariffs could reduce global GDP, with the U.S. potentially losing more than many trading partners due to retaliatory measures, challenging the narrative of tariffs as a net economic win.
The BRICS bloc, originally coined by economist Jim O’Neill in 2001, has evolved from an investment concept to a geopolitical counterweight to Western-led institutions like the G7, with its current unity against tariffs reflecting a surprising shift from its initial economic focus amid the Great Recession.
