Post
Topic
Board Economics
Re: What happened to BRICS nations?
by
summonerrk
on 02/05/2025, 04:20:10 UTC
What happened to BRICS nations?
Since Trump came in I am yet to hear them convening for any meeting. Since Trump slammed Tariffs on most of them I don't see them having any meetings or talking about BRICs anymore.
It makes me to think that were they for real or they wanted to just cause some disruptions in the world market at the time they were talking about whatever they were going to do.
India is a BRICS member but I don't see them having any friendly chat with China with the reality of things.
To each one their own.

After the big news that the BRICS countries want to create their own alternative to the treaty, Trump reacted very sharply to this intention of theirs.
It seems that these BRICS countries immediately abandoned their initiative after Trump's threats, but this absolutely does not mean that they are not conducting secret negotiations among themselves and continue to develop their own single currency. The fact that he simply reacted like that shows only one thing: that he really does assess the threat of creating this alternative currency Brix and is afraid that it will replace the dollar or become a strong competitor to it in the world.