US President Donald Trump has claimed that he has played a role in stopping the ambitions of the BRICS bloc of countries. He said he had warned any country that wanted to join BRICS that tariffs would be imposed on American products. According to him, due to this warning many countries changed their minds about joining the block.
Let us tell you that the BRICS block basically includes Brazil, Russia, India, China and South Africa. Egypt, Ethiopia, Iran and UAE were added in 2024 and Indonesia in 2025. Trump called it an attack against the dollar and said he threatened tariffs on all BRICS countries in an effort to protect the US dollar and its economic power.
It is noteworthy that India has adopted a balanced stance in this matter. Foreign Minister Dr. Subhash Chandraman Jaishankar had said in March 2025 that India understands the importance of the dollar and has no interest in violating it. However, US and Indian trade relations have since become strained, especially after Trump imposed high tariffs on Indian exports over oil purchases from Russia.
According to available information, Trump’s move is being seen as a strategic effort towards protecting American financial dominance and global economic interests. Due to its impact, questions are also being raised on the expansion of BRICS and its alternative trading system. Experts believe that this situation may have a significant impact on global trade and the global influence of the dollar in the coming times.