In what is a rather surprising turn of events, one BRICS nation has announced its intent to embrace US President-elect Donald Trump and his incoming administration amid the ongoing 100% tariff threat. Indeed, the returning president has been clear on his stance regarding the alliance’s de-dollarization efforts.
In a post to his social media platform late last year, Trump stated he would impose tariffs on BRICS nations. The warning targeted those global south countries attempting to create their own trade currency. For much of his presidential campaign, Trump has noted the importance of maintaining the global status of the greenback.
Source: AFP
Also Read: BRICS Currency May Still Be On the Horizon: Expert Says
BRICS Country Turns to Trump? 100% Tariff Warning Drives Plea for Cooperation
The last two years have seen the BRICS bloc increase its prominence on a global scale. Indeed, the economic alliance has sought to challenge the status quo and brought forth renewed de-dollarization efforts. Those pursuits appear to be going off without a hitch until the tail end of 2024.
With the impending arrival of a new president, things are shifting in the United States. Moreover, as a stark warning has been issued, one BRICS nation has announced its intent to embrace Trump and the US as tariffs loom. Moreover, it could lead to a groundbreaking shift for the economic collective.
Source: AFP
Also Read: BRICS: De-Dollarization Will Continue Faster Under Trump’s Watch
Indeed, India has reportedly called to strengthen cooperation with the United States, according to officials. Specifically, they have stated clearly their desire to strengthen an economic relationship with the West.
“We are looking forward to a very deep and substantive engagement with the new US administration,” India’s Trade Minister said, according to a Reuters report. To this point, India has embraced bilateral relations with the United States for the Obama, Biden, and first Trump administrations.
Although it is no surprise that it is set to continue, things do appear different in 2025. The BRICS bloc has drawn its line in the sand and made its feelings about the US dollar known. Moreover, America has responded in kind. Ultimately, it will provide an incredibly intriguing geopolitical development to take place over the next year.
