President Trump Targets BRICS Founding Members With Tariffs, Unites Bloc He Wants To Break?
Last Updated: Crux Videos
Ever since Donald Trump announced his 'Liberation Day Tariffs' in April, the US President has used the threat of tariffs to get favarouble trade deals with countries around the world. In the process, he has targeted BRICS nations, even calling the bloc anti-American and warning them against attempts to de-dollarise. Brazil, Russia, India, and China were the founding members of BRIC in 2009 and in 2010, South Africa joined the bloc, making it BRICS. All five countries have been hit with tariffs recently by the US. The reasons range from alleged trade deficits to purchasing Russian oil. But experts are pointing out the tariffs are more political than economic. n18oc_world n18oc_crux
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