Trump’s Tariffs Backfire: India Moves Closer To China

US President Donald Trump is a very contradictory leader. He constantly implements policies that go against his stated goals.

The perfect example of this is how Trump has treated BRICS, the Global South-led organization that now represents the majority of the planet.

Trump sees BRICS as a major threat to US hegemony, and, in particular, the dominance of the US dollar as the global reserve currency.

The US president has openly threatened members of BRICS to try to stop them from seeking alternatives to the dollar.

In a press conference at the White House on July 8, Trump complained (emphasis added):

BRICS was set up to hurt us. BRICS was set up to degenerate our dollar, and take our dollar as the standard, take it off as the standard.

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