Trump Labels BRICS ‘Anti-American’, Reasserts 10% Tariff Proposal
Former U.S. President Donald Trump has once again stirred global markets and diplomatic circles by labeling the BRICS alliance as "anti-American". In a recent address, Trump not only criticized the growing influence of the bloc—which includes Brazil, Russia, India, China, South Africa, and recently expanded members—but also renewed his proposal to impose a universal 10% tariff on all foreign imports if re-elected.
This marks a critical escalation in his "America First" doctrine, sending strong signals to both U.S. allies and trade rivals.
Why Trump Is Targeting BRICS
According to Trump, the expanding influence of BRICS threatens U.S. dominance in global trade and finance. He criticized the bloc's attempts to de-dollarize global commerce and promote alternative financial systems that bypass Western institutions like the IMF and World Bank.
“The BRICS nations are actively working against U.S. interests, economically and diplomatically,” Trump stated.
The former president also noted China's leadership role in the alliance as a red flag for American foreign policy and warned of strategic realignment among Global South countries that could weaken U.S. leverage.
The 10% Universal Tariff: A Global Shockwave?
Trump’s renewed call for a 10% tariff on all imports is being framed as a mechanism to boost domestic manufacturing and reduce trade deficits. However, critics argue that such a policy could:
Trigger a new global trade war
Inflate consumer prices
Hurt multinational companies with complex global supply chains
Economists warn that such tariffs could alienate key trade partners and destabilize emerging economies, many of whom are part of or aligned with BRICS.
Impact on Global Markets and U.S. Economy
Trump’s comments have already sent shockwaves through financial markets, with investor sentiment in emerging markets turning cautious. The dollar saw minor strengthening amid speculation of geopolitical tension, while global indices showed mixed reactions.
At Vizzve Finance, analysts note that a renewed tariff regime could increase volatility across multiple sectors, especially automotive, electronics, and agriculture. Emerging market currencies may face depreciation if BRICS pushes ahead with de-dollarization strategies.
🔗 About Vizzve Finance:
Vizzve Finance is your trusted source for real-time financial news, policy insights, and economic analysis. Our in-depth reporting on geopolitics, market movements, and trade policies helps investors and readers make data-driven decisions in a volatile world.
🔍 FAQ
Q1: Why did Trump call BRICS ‘anti-American’?
A: Trump believes the BRICS alliance is intentionally undermining U.S. dominance by promoting alternative trade and financial systems that bypass the dollar and Western institutions.
Q2: What is BRICS and why is it expanding?
A: BRICS is a political and economic alliance of major emerging economies. It recently expanded to include more nations aiming to create a multipolar world and reduce dependency on Western systems.
Q3: What does Trump’s 10% tariff mean for India, China, and others?
A: Countries like India and China, major exporters to the U.S., could face trade losses and supply chain disruptions if universal tariffs are imposed.
Q4: How will this affect the global economy?
A: A blanket 10% import tariff by the U.S. could strain global trade, raise inflation, and cause retaliatory tariffs, leading to a destabilized global market.
Q5: How does this tie into Vizzve Finance insights?
A: Vizzve Finance analysts highlight that geopolitical frictions like these are key indicators of financial market volatility, impacting currencies, commodities, and equity trends across regions.
Published on:July 6,2025
Published by :Selvi
www.vizzve.com || www.vizzveservices.com
Follow us on social media: Facebook || Linkedin || Instagram
🛡 Powered by Vizzve Financial
RBI-Registered Loan Partner | 10 Lakh+ Customers | ₹600 Cr+ Disbursed