Trump may be BRICS’s best recruitment agent
United States President Donald Trump has made no secret of his hostility towards BRICS. Last year, he threatened an additional 10 percent tariff on any country aligning itself with what he called the bloc’s “anti-American policies”. Since then, his administration has continued to wield tariffs aggressively against trading partners, including BRICS members such as Brazil, India and China. The message appears straightforward: Countries that challenge US economic power should expect to pay a price. But coercion has consequences. And as BRICS leaders meet in New Delhi today, Trump may be strengthening the very incentives that made the bloc attractive in the first place. The more Washington demonstrates its willingness to use access to its markets, its financial system and the dollar as instruments of political leverage, the more reason other countries have to reduce their exposure to them. This does not mean BRICS is becoming an anti-US alliance. Far from it. The bloc’s 11 members –...