Posted on 07/07/2025 10:24:08 AM PDT by marcusmaximus
President Trump’s threat to put new tariffs on countries embracing the policies of the Brics group has added fresh uncertainty to global trade and prompted pushback from Moscow and Beijing.
Trump posted on social media that countries aligning themselves with “the Anti-American policies of Brics, will be charged an ADDITIONAL 10% Tariff.”
-snip-
Responding to Trump’s threats, a spokeswoman for China’s Foreign Ministry stated on Monday its oft-repeated line that trade wars and tariff wars have no winners. Brics “does not target any country.” The Kremlin echoed those remarks, saying that Brics “has never been and will never be directed against third countries.”
(Excerpt) Read more at msn.com ...
It looks like some here lost their enthusiasm for Brics.
The depreciation of the USD - Morgan Stanley - https://www.morganstanley.com/insights/articles/us-dollar-declines
Check out this video, or just read the into on youtube. In October 2025, BRICS launched a system allowing countries to trade gold, rare earths, and minerals without US dollars—and Africa holds the key to making it work.
BRICS Just Broke The Dollar’s Grip, Here’s What Africa Must Do Next - https://www.youtube.com/watch?v=zvFFhF9hZgI
Brics unveils plan to replace USD worldwide - https://watcher.guru/news/brics-just-unveiled-the-plan-to-replace-us-dollar-worldwide
Donald Trump threatens ‘un-American’ BRICS countries with 10 percent tariff - https://www.aljazeera.com/news/2025/7/7/donald-trump-threatens-un-american-brics-countries-with-10-percent-tariff
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.