BRICS nations strategize against US tariffs and dominance

BRICS nations, including India, China, Russia, Brazil, and South Africa, are developing a strategy to counter U.S. tariffs under President Trump. They aim to reduce reliance on the U.S. dollar by promoting trade in their own currencies. Brazil's Ambassador to India stated that this approach seeks to strengthen economic ties among BRICS members. The goal is to create a more diverse international economic environment without targeting any specific currency. India has rejected the idea of a BRICS currency backed by Russia and China. This response follows Trump's warning of severe tariffs if BRICS nations attempt to replace the dollar in trade.