Trump Targets BRICS Alliance as Threat to US Economic Dominance

President TRUMP has escalated trade tensions following the July 2025 BRICS summit, threatening additional 10% tariffs on nations aligning with the bloc's "Anti-American policies." The move reflects growing US concerns over BRICS-driven de-dollarization efforts and shifting global economic power dynamics.

BRICS now represents 45% of the world's population and 37% of global GDP, with trade imbalances highlighting the challenge to US hegemony. China alone exported $448 billion in goods to America last year, while total BRICS-US trade shows a $350 billion deficit for the United States.

De-dollarization gains momentum through bilateral agreements like the China-Russia trade partnership, which reached $244.8 billion in 2024 primarily conducted in yuan and rubles. The New Development Bank's alternative financial systems present structural challenges to dollar dominance.