BRICS Members Defy US Tariffs, Accelerate De-dollarization Efforts

BRICS nations are intensifying their push into US markets despite facing aggressive tariffs from the TRUMP administration. India now contends with doubled tariffs at 50%, while Brazil faces similar hikes. China bears the brunt with 145% blanket tariffs on imports. These measures, intended to curb BRICS economic influence, are paradoxically strengthening the bloc's unity.

Russian President Putin and Brazilian President Lula are coordinating with India's PM Modi on countermeasures. Modi's recent visit to China for the SCO summit—his first in seven years—signals deepening cooperation among BRICS members. The alliance continues to advance its de-dollarization agenda while maintaining access to US markets.

The development of a BRICS currency remains central to countering the perceived decline of dollar dominance. Chinese officials emphasize the bloc's resilience, stating these pressures only reinforce their collective economic strategy. As tensions escalate, BRICS emerges as an increasingly cohesive counterweight to Western financial systems.