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U.S. President Donald Trump has made strong remarks against the BRICS economic bloc—comprising Brazil, Russia, India, China, and South Africa—declaring that “BRICS is dead.” His statement comes amid growing discussions within BRICS about reducing reliance on the U.S. dollar by exploring alternative currency systems.
Trump has also threatened to impose 100% tariffs on BRICS nations if they proceed with efforts to introduce a new trade currency. This move is seen as an attempt to counter the bloc’s push for financial independence from the dollar.
Despite these remarks, BRICS remains significant for its member countries, particularly India, which continues to see the group as a key platform for economic cooperation and geopolitical engagement. Experts suggest that Trump’s threats may not halt BRICS’ initiatives, as the bloc is actively working on alternative payment mechanisms and expanding its influence.
Officials from BRICS nations have responded by reaffirming their commitment to strengthening financial collaboration and trade partnerships. Analysts believe that global economic shifts will continue to drive BRICS’ agenda, regardless of U.S. policy changes.
With tensions rising over currency and trade dominance, the coming months are likely to see further developments in this geopolitical contest between the U.S. and the BRICS alliance.
Gulistan News Tv