The BRICS alliance is like a clown at a five-year-old’s birthday party…terrifying when your five, but just kind of weird and sad for all the adults. And if you’re still scared of the BRICS alliance, I hate to break it to you, but you might be the five-year-old in this analogy.
BRICS began as a financial concept of grouping large emerging markets, but it’s evolved into a dull talk shop for the members rather than a real alliance. But of course, lumped right in with the other scared kindergartners, is President Trump. He’s threatened a 10% tariff on all countries that join BRICS. Once again showing his affinity for tariffs, regardless of what the situation is.
Should his power to impose tariffs be limited by the courts or Congress, his entire international strategy could unravel. And the threat on BRICS would be the least of our worries.