What happened to BRICS nations?

[WillyAp]

this should have been the best opportunity for brics to show how strong they can be but i didnt see some much retaliation against trump they could have stood their ground and shown a world where us dollar is not important

They doing just that.
Once threatened to enjoy a 100%  extra tariff you hear nothing more of BRICS.
BRICS is not a replacement for the greenback. Actually there is not one, Or is the EURO a candidate?

[Spaceman1000$]

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.

The think BRICS Nations have their way of operating and I don't think they've been silent because of the emergence of Donald Trump as president, even if they should strategize on coming up with something against Trump, that wouldn't be in a hurry, Trump is less than a year in office, I believe they are still observing, because the American presidential seat has a lot of power to influence decisions that might as well affect BRICS if they try to wrestle powers with him. The tariff war is majorly because of china and china on their own part have responded swiftly to America and they've since been on loggerheads with each other.

[o48o]

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.

They will continue to talk about it. It's just not on the media right now. But that's what it ever is going to be: Talk. But the fact it would fail has nothing to do with trump.

If they would ever launch it, it would require trust from everyone involved, and these nations wouldn't trust on each other in a million years. Most corrupt countries trying to pull a stunt that requires anti corruption in the core. They only joined forces because they have a common enemy. That doesn't mean they aren't going to be enemies with each other.

It was never going to work.

[Fortify]

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.

The so-called BRICS was just a catchy trading bloc name imagined up by journalists and eager politicians after the soviet union counter weight evaporated. If you break it down, there is Brazil - who is just as much a trading partner with "the West" as much as it in with these other nations. Then you have Russia, which has self imploded back to a basic oil export nation living on a war economy but producing very little else of value. Then there is India, which again trades with many nations but is a rival to the next country: China. These two countries work together begrudgingly in some cases, but are actually major economic rivals vying for power in the Asian region. South Africa has also shrunk in significance compared to the time this phrase was coined.

[coupable]

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.

My opinion is that the organization and all its functions have been unannouncedly frozen due to the shift in the alliance map, especially after Trump's victory. He doesn't hesitate to demonstrate rapprochement with Russia or hostility toward Ukraine, the issue of which has become a game in the hands of Trump and Putin alone. The Russian-American rapprochement is what helped bring about a (relative) halt to the fighting in Gaza and the overthrow of the Assad regime in Syria, isolating Iran in exchange for preparing an agreement to share the Ukrainian pie. BRICS will not return to the political and media spotlight unless the Russian-American rapprochement ends, i.e., perhaps after the end of Trump's term. This will give the BRICS member countries sufficient time to reevaluate their options and strategies, particularly regarding cooperation among them.

[Davidvictorson]

In a political science course I took during my freshman year in the university, I learned that there are no permanent friends only interests. The BRICS nations are protecting their individual interests. They don't want to speak up as a group because they are scared that Trump may just hit them with a tariff higher than that of China. Or they just want to be in the good books of the president. If they bring up the conversation about BRICS they all would be looked as a bunch of misguided folks.

[MarjorieZimmermanGinger]

Arrival of Donald Trump had big impact on world economy with BRICS was trying to have few things for their own interest, but tariff hits them badly now all are tying to manage things on different way while China and India has never been good coalition, but Russia presence give them some confidence.
Next summit which is going to hold in Río de Janeiro is important because now they need to work on some solid things which give them benefits currently lack of confidence and solid strategy hurting them badly I am not positive about their future as this organization is also going like many around without having anything positive for regions and countries.
India and China big players while Russia and Brazil are also good they can do but how its also important China is now standing tough again USA, but India will never do like them because they have their own way of dealing things on both sides.

For other countries it is difficult to fight the United States because they do not have the strong resources like China so the potential to fight back can have an impact on the tariffs that apply. China stood alone to fight Trump's tariffs and they realized that this could have an economic impact but China's strategy in defending itself can be said to be quite effective because they managed to calm it down and make some policies that are quite beneficial.

India is not an economically strong country and fighting back can be a problem for them and vice versa for other countries that join BRICS because economic warfare will be much more impactful when they do not have good resources to fight.

[Darker45]

It seems the group isn't as cohesive as others make it appear. I'm not sure if they're genuinely sharing the same vision. They're not dead, though. They're still alive, but they seem to be moving slow. They used to envision an exclusive currency. So far, there's none.

Moreover, India has always been wary of China, even using the group to advance its selfish global influence. Along with Brazil, they're closer to the US than to China and Russia. If they share the vision of the group to put a check on a west-dominated global setup, their actions don't speak well.

It's funny but even the BRICS' New Development Bank has frozen Russian transactions during the height of the country's invasion of Ukraine. They don't want to go against the flow. Even their criticisms of the IMF and the World Bank didn't age well. Today, they're partners, cooperating with each other, signing agreements, and so on.

[shinratensei_]

In a political science course I took during my freshman year in the university, I learned that there are no permanent friends only interests. The BRICS nations are protecting their individual interests. They don't want to speak up as a group because they are scared that Trump may just hit them with a tariff higher than that of China. Or they just want to be in the good books of the president. If they bring up the conversation about BRICS they all would be looked as a bunch of misguided folks.

The problem with BRICS is that you got countries that's in conflict with each other trying to make cooperation, basically their individual interest is already against each other from the first time for some of the countries.
That will be detrimental in the long run and as a result, now we can see that the BRICS countries are doing their bilateral negotiation with the US individually.

[viljy]

I think BRICS will be excellent development on the global market because it will change the economy of World. US is hurting many countries which are good countries but US want to be king in the World and it don't want any country away from that country . Many people are thinking that US will be dominant forever but there will be huge change in the technology and development but it will take time . China is big country of the world according to population and that is reason India is jealous with china because Chinese people are hard working people and they will get high economic status on the World Map.There are many countries which want to be part of BRICS system but there are many issues on International level and we are facing no progress in this concept.

That's about the way things are. As for de-dollarization, it continues all the time. According to the latest data, more than half of Russia's total foreign trade turnover is carried out in rubles, the rest in yuan, rupees and other currencies, and only about 20% in dollars. Every world currency has lived for about a hundred years. Before the dollar, it was the British pound, which was replaced by the dollar when the British Empire collapsed.

The era of the dollar began around the middle of the 20th century, which means that the dominance of the dollar will end by about 2050-2070 (if we consider the end of the Bretton Woods system in 1971 and the beginning of the dollar's existence as a net debt without reference to gold). Although this may happen earlier, since the economic and scientific development of society does not occur at a linear rate, but exponentially.

[Cossyblack]

BRICS can only rant when Trump wasn't in power. Tump came onboard and shut their mouth and tried to distabilized their economy with increase Tariff rate. China who is the main power house of BRICS is getting it hot and her economy is suffering with their currency been depreciated. BRICS nations are thinking on how to survive the increase in tariff so that it will have little effects on their economy.

Trump didn't increase the tariff rates to destabilize BRICS Allies nations Economy rather the purpose of it was to generate enough money for the US, because he believes other nations have been taking advantage from the free trades while the US is loosing and not benefiting from it.

China might be getting it hot doesn't mean the US isn't also affected from it. If you think the US is winning Beijing in this Trade war, then you're wrong.China retaliation on US goods is disrupting the US trade and the US is loosing more than a enough money as a result of it. This is why the US is seriously calling for a negotiation with China to end the trade war.i am certain China is winning in this trade war.

[DanWalker]

BRICS can only rant when Trump wasn't in power. Tump came onboard and shut their mouth and tried to distabilized their economy with increase Tariff rate. China who is the main power house of BRICS is getting it hot and her economy is suffering with their currency been depreciated. BRICS nations are thinking on how to survive the increase in tariff so that it will have little effects on their economy.

Is the US being hit hard by its own tariff war? They are not much better than China and that is why Trump has actively toned down and no longer wants to impose more tariffs on Chinese goods.

The yuan has lost value in the trade war, but not because of the impact of the war, but because the Chinese government deliberately devalued its currency. In the short term, a depreciation of the yuan will be beneficial in boosting exports, supporting economic growth and helping to address tariff challenges. That's why PBOC intervened quite early when the tariff war broke out to support the economy by printing money and devaluing the yuan. Meanwhile, the Fed has yet to make a move and that has made Trump extremely angry.

Are BRICS trying to survive or are close US allies like Canada, Mexico, Europe trying to survive the trade war caused by Trump?

[slapper]

You're not wrong to ask this. At first glance, it appears that BRICS members are determined to play their own solo. India and China? After Galwan, barely tolerating one other. Russia? Sanction-suffocated but still muscling through via China and the Global South. Brazil? Stuck between China's infrastructure contracts and the handshakes of the West. South Africa? Structurally weak and symbolically loud

BRICS never really about unity, though. It was about resonance where the Global South expresses discontent with Bretton Woods 2.0, where multipolarity is a defensive reaction

2020 marks their virtual, physical, philosophical, meeting. Five annual summits, from Moscow to Kazan. They expanded. Now it's BRICS 10, pulling in UAE, Egypt, Iran, Indonesia. Argentina joined and later withdrew. Saudi Arabia flicked and then ghosted

Consider Trump's tariffs as fuel. BRICS was not destroyed by them. They accelerated the bloc's reimagining. More local currency settlements. BRICS Bank (NDB) building its lending portfolio. The idea of a SWIFT alternative now gets mentioned without laughter. China- Russia as well? trading more than in years past. Even India shows up, nods, and subtly obtains AI money and green infrastructure deals despite her trust problems

So were they real? Indeed, yeah. They were not designed, nevertheless, to be NATO-in-exile. They were designed to be a pressure valve in a world where the US treats the dollar like a hammer

[Marvell1]

China might be getting it hot doesn't mean the US isn't also affected from it. If you think the US is winning Beijing in this Trade war, then you're wrong.China retaliation on US goods is disrupting the US trade and the US is loosing more than a enough money as a result of it. This is why the US is seriously calling for a negotiation with China to end the trade war.

I don't know how much tax revenue Trump has collected and what the tariff war has done for the US economy but look at the US stock market crashing and evaporating nearly 10 trillion dollars. Consumers pay more, inflation shows signs of rising again, the Fed doesn't want to lower interest rates, investors are hesitant to invest in the US, the USD is losing its prestige in the international arena....All these things hinder their growth rather than benefit them.

The US is also suffering heavily, not just China.

i am certain China is winning in this trade war.

No one knows what's going on, but according to media reports, the White House and Trump keep saying that they are having very good talks and negotiations with China. But meanwhile, China's Foreign Ministry denied that the US and China had any discussions about tariffs.

Who is lying and who needs a deal more?

https://x.com/KobeissiLetter/status/1915743893473075561

[asriloni]

They're still watching

If Trump really implement the new tariffs and it those countries who're affected feel no longer profitable to sell their products to US, BRICS nations might try to make them stronger by sell their products to BRICS nations and launch their own currency.

Who cares about tariffs when they no longer care with US, but for now they're still watching.

All of BRICS members are not as strong as China. It's totally wrong when you said it's good to see BRICS nation to do business between its members. In fact, China often played shady by using political dumping.

Some countries with no strong economic power such as Indonesia, South Africa are facing terrible situation if such thing happen. China do political dumping to them. Their domestic economic will be slowly collapse.  Their local manufacture can't compete with the price offered by China's product.

 

[GigaBit]

from what i see BRICS is actually not like an alliance like the european union which can unite voices and one solution to one issue. they can only agree on important points, such as dedollarization, economic cooperation, etc., but on this tariff issue, most countries prefer diplomacy with the US directly and do not raise it at their meetings.

I think the name of an ineffective alliance is BRICS. It is just an alliance in name but in reality it has no value. Where countries depend on America's policies, how will they implement their action plans? If countries do something like that, they may have to go against the Trump administration. But how many countries are there who will be able to do this? There is no unity among Asian countries, so how will they be able to implement their agenda. If it were so that these countries could also be united in terms of their policies like Europe, then such a problem would not have arisen. That is why I think BRICS has no role in reality.

[Die_empty]

from what i see BRICS is actually not like an alliance like the european union which can unite voices and one solution to one issue. they can only agree on important points, such as dedollarization, economic cooperation, etc., but on this tariff issue, most countries prefer diplomacy with the US directly and do not raise it at their meetings.

I think the name of an ineffective alliance is BRICS. It is just an alliance in name but in reality it has no value. Where countries depend on America's policies, how will they implement their action plans? If countries do something like that, they may have to go against the Trump administration. But how many countries are there that will be able to do this? There is no unity among Asian countries, so how will they be able to implement their agenda. If it were so that these countries could also be united in terms of their policies like Europe, then such a problem would not have arisen. That is why I think BRICS has no role in reality.

This news Apple moving to make most iPhones for the US in India rather than China. I began to see how it would be difficult for BRICS nations to form a common front against the US. Some of the nations in this alliance still depend heavily on the US economy. If the US is using India to substitute China, it shows that more needs to be done in that Alliance. It might be difficult for nations that still depend on the US economy to enforce policies reached their summits.

[Olatundespo]

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.

BRICS countries were preparing to create a separate currency system, but the new US President Trump has put a damper on their plans. He had announced that if any country tries to introduce a separate currency system instead of the dollar, they will be subject to additional tariffs. Most countries in the world want duty-free access to the US for their goods because it has a large export market and the prices of their products are as expected. Besides, being in the favor of a powerful country means that there is a possibility of receiving huge amounts of grants every year.

source: https://www.reuters.com/markets/currencies/trump-repeats-tariffs-threat-dissuade-brics-nations-replacing-us-dollar-2025-01-31/

[tygeade]

They're still watching

If Trump really implement the new tariffs and it those countries who're affected feel no longer profitable to sell their products to US, BRICS nations might try to make them stronger by sell their products to BRICS nations and launch their own currency.

Who cares about tariffs when they no longer care with US, but for now they're still watching.

The world is big and there is nothing that we can do to make money based on just USA. So, these BRICS would do fine if USA increased the tariffs but we are recently learning that they are not going to be forced neither so they are going to do fine. Tariffs are scaling back and we can make a lot more money and that is what we are going to move on with. If tariffs are going differently and lower then nobody has to worry about anything and we can just keep on going greater.

If we can make money based on these new tariffs that are lower than what was established then we won't have issues. Those huge increases won't happen because even Trump knows that is unsustainable and would crash American markets and the whole world trade. So it is going to be a normal life without much trouble.

[Mate2237]

Brics Nations are there I think early this year they have met and Indonesia became a member too so the goals and vision of brics are there i don't see them as a group of nations that are afraid of trump the fact is that all these Trump's tariffs problems is as a result of organizations like brics because they are coming together with the view of creating their destinies into there hands that is why nations like America are afraid that is why they are doing everything possible to frustrate the members of this organization.



About India and China not having a cordial relationship even though they belong to brics the fact is that these two nations have been at log ahead for some times due to border issue but I don't see that as an excuse not to belong to an organization that will be of benefit to them both so I don't think that Brics as an organization is weak