Overview

• Trump warned he will impose tariffs on countries that join or align with BRICS, describing the bloc as anti-United States.
• He asserted that his warnings prompted countries to drop out of BRICS, a claim reported as his statement without independent confirmation.
• He has previously floated an additional 10% levy on BRICS-aligned nations and earlier threatened 100% duties tied to efforts to replace the dollar.
• BRICS has grown to ten members, yet the bloc’s governments remain divided over de-dollarisation and proposals for a common trade instrument.
• India’s government has said it has no interest in undermining the US dollar and emphasizes there is no unified BRICS push to replace it.