Despite US President Donald Trump threatening Brics with 100% tariffs and declaring its death, the group remains important to India and is central to India’s multilateral engagement to secure national interests
Continuing his criticism of Brics, US President Donald Trump on Thursday announced the death of the group.
For months, Trump has been threatening Brics members with 100 per cent tariffs over concern regarding ‘dedollarisation’, referring to the purported efforts to dislodge US Dollar as the primary currency of international trade.