US EditionTrump's Tariff Threat: Huge Implications for the BRICS Bloc and Global Trade
BRAZIL, JUL 8 – Trump targets BRICS with 10% tariffs and imposes a 50% tariff on imported copper to protect the US dollar amid rising global economic tensions, raising overall US tariff rates to 17.6%.
- At the BRICS summit in Rio, US President Donald Trump announced a 10% tariff on BRICS imports, effective August 1 if no bilateral deals are reached.
- Trump's 2025 tariffs aimed to protect the dollar while the bloc promotes de-dollarisation and expands to new members.
- Analysis shows the BRICS bloc accounts for 43.93% of global GDP and emphasizes efforts to reduce dollar reliance through intra-group trade and de-dollarization initiatives.
- Experts warn of supply disruptions and price hikes as Trump’s tariffs threaten global trade and Nigeria faces an additional 10% tariff, while US copper futures rise over 10%.
- In coming weeks, analysts project further announcements on de-dollarisation and potential retaliation, as the strategy remains a slow but necessary long-term goal.
49 Articles
49 Articles
BRICS, Weaponized to Topple the US Economy
BRICS is moving forward, propelled first by the Biden regime weaponizing SWIFT, and now over American debt, conditional loans, ideological gatekeeping, and sanctions. They want to abandon the dollar and reliance on the West. Several countries have begun to ditch US bonds and they aren’t buying our debt. The frustration over debt that Elon Musk […] The post BRICS, Weaponized to Topple the US Economy appeared first on www.independentsentinel.com.
The White House has once again threatened the BRICS +, the powerful emerging markets, with indiscriminate use of the tariff weapon. Specifically, a 10% levy on countries that dare to “align with anti-American policies.” Although now, the dollar, whose hegemony is particularly questioned by Brazil and China, is in a fallen state.
Trump terrified by BRICS strategic threat
This is it. The ruling classes of the Empire of Chaos, plus the current, clownish Circus Ringmaster have finally realized that BRICS is a serious strategic threat - and existential challenge - to their unilateral domination of the current system of international relations. They didn't come to this conclusion by carefully scrutinizing the BRICS annual summit in Rio - or last year's ground-breaking summit in Kazan for that matter: they are lousy a…
As Trump Threatens BRICS, It Grows Stronger, Resisting US Dollar and Western Imperialism
Donald Trump threatened tariffs on BRICS, claiming the group is “dead”, but it is growing in size and influence. 10 members and 10 partners participated in a summit in Brazil, discussing dedollarization, trade and investment in local currencies, and how to create a more multipolar global order.
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