Former U.S. President Donald Trump has issued a stern warning about imposing new tariffs on BRICS nations, claiming that the alliance is working to undermine American economic interests, according to a spokesperson. The statement marks a sharp escalation in Trump’s rhetoric as BRICS—comprising Brazil, Russia, India, China, South Africa, and new members like Saudi Arabia and Iran—grows its global influence.
The tariff threat aligns with Trump’s long-standing protectionist stance and his belief that BRICS seeks to dilute the dominance of the U.S. dollar and reshape global trade rules. During a campaign event, his spokesperson emphasized that “Trump won’t stand by while BRICS weakens U.S. leverage and manipulates markets.
According to experts, if implemented, this action might lead to a significant trade war, especially with important trading partners like Brazil and India, and further strained already tense relations with China and Russia. Global supply networks, oil markets, and currency reserves may all be impacted, particularly as BRICS works to dedollarize and grow its New Development Bank.
The markets are keeping a close eye on Trump while he is still a candidate. Even the threat of tariff retaliation, according to analysts, might influence investor sentiment in emerging nations and increase uncertainty in the already precarious global economy. Official responses from the White House and BRICS nations are still pending.
