Is Donald Trump threatened by the growing clout of Brics?
Donald Trump has been constantly threatening Brics. In the latest warning, he has said that members of the bloc, which includes India, would be hit with 10 per cent tariffs, adding that the coalition was set up to ‘destroy’ the dollar. But should the US really worry about an expanding Brics and its influence?
Brazil’s President Luiz Inacio Lula da Silva, China’s Premier Li Qiang, Russia’s Foreign Minister Sergei Lavrov, India’s Prime Minister Narendra Modi, Indonesian President Prabowo Subianto, South Africa’s President Cyril Ramaphosa, Egypt’s Prime Minister Mostafa Madbouly, Ethiopia’s Prime Minister Abiy Ahmed Ali, Crown Prince of Abu Dhabi Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Iran’s Foreign Affairs Minister Seyed Abbas Araghchi pose for a family photo during the BRICS Summit in Rio de Janeiro, Brazil on July 6. The fast-growing group represents a quarter of the global economy. Reuters
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