Donald Trump’s hard-line tariff strategy
Trump’s comments are consistent with his broader stance on trade, advocating strict mutual tariffs. “Today is a big thing: mutual tariffs,” he posted on his social media platform. “They charge us taxes or duties and we charge them the exact taxes or duties. It’s very simple.”
Trump answered while he answered whether he wanted to dismantle BRICS or be a part of it. They are afraid to talk about it.
He went further, claiming that the US was exploiting BRICS countries and dismissed the idea that the Bullock had economic power over America. “They don’t have us on the barrels. We have them on the barrels. If BRICS wants to play games, those countries don’t trade with us. We do If you don’t trade with it and then the transaction takes place, that’s at least 100% tariff. ”
BRICS Derailment Push
BRICS BLOC, which employs Brazil, Russia, India, China and South Africa, has been actively debating ways to reduce dependence on the US dollar. During the 2023 BRICS summit, Russian President Vladimir Putin called for a derailment, saying, “BRICS countries must expand their local currencies and strengthen cooperation between banks.” Nizhny Novgorod. They reaffirmed their commitment to “enhanced use of local currencies in bilateral and multilateral trade and financial transactions between member states.” But Trump remains opposed and determined, saying in a post about the True Society. While we wait, the country is about to leave the dollar. You should expect to face a powerful US dollar, or 100% tariffs, say goodbye to selling to the great US economy.
Global tensions over trade
Trump’s comments fuel the rising trade tensions, particularly with major BRICS economies such as China, India and Russia. His rhetoric reflects his broader economic policies on protectionism and retaliatory tariffs for countries that are perceived to challenge US trade control.
Despite India’s important role in BRICS and its strong economic ties with the US, Modi has yet to formally respond to Trump’s comments. As geopolitical dynamics continue to change, the future of BRICS and its impact on global trade remains uncertain.