Trump strikes BRICS again, warns India as dollar battle opens new global economic front

International News: Donald Trump reignited his battle with the BRICS alliance, calling it a direct threat to the US dollar’s dominance. He claimed that nations are “dropping out” of the group, even though no member has left. His remarks came during a meeting with Argentina’s President Javier Milei, where Trump repeated his long-standing criticism that BRICS undermines America’s financial supremacy.

Threats of tariffs against members

Trump warned that any country aligning with BRICS to weaken the US currency would face heavy tariffs on exports to America. He told leaders that they “can play that game,” but Washington would respond with strict economic penalties. The statement was seen as a message to both new and aspiring BRICS members, sending ripples through international markets.

India caught in difficult position

India is set to assume BRICS presidency in January 2026 with an agenda focused on climate justice, healthcare, and development. Trump’s harsh words put New Delhi in a tricky spot, as it has to balance its leadership role in BRICS with its crucial ties to Washington. The US pushback risks straining diplomatic cooperation between the two nations.

Expansion of BRICS membership

BRICS, originally comprising Brazil, Russia, India, China, and South Africa, has recently expanded to include Egypt, Iran, Ethiopia, UAE, and Indonesia. Ten more countries have joined as “Partner Members,” such as Belarus, Vietnam, and Nigeria. Despite Trump’s claims, the grouping is actually growing in numbers, strengthening its profile as an alternative platform for developing nations.

Argentina distances itself from BRICS

Argentina withdrew from its BRICS membership bid under President Javier Milei, who openly aligns himself with Trump and the US. Milei criticized China as a “communist” power while simultaneously selling soybeans to Beijing. His decision reflects a shift in Buenos Aires’ foreign policy, seeking Washington’s support as its economy struggles with soaring debt and inflation.

Saudi Arabia still undecided

Among new invitees, Saudi Arabia has delayed confirming its full membership, weighing geopolitical considerations before committing. Meanwhile, both Pakistan and Bangladesh have applied for entry, backed by China and Russia but facing Indian resistance. This shows the bloc’s continuing appeal to emerging economies, even as Trump tries to portray it as collapsing.

India’s 2026 leadership in spotlight

With India preparing to lead BRICS, Trump’s open hostility could create new friction in India-US relations. India has promised a “People-Centric and Humanity-First” agenda for BRICS, focusing on cooperation in health, environment, and fair growth. But Trump’s America First policy stands in sharp contrast, setting the stage for more confrontations when New Delhi takes over the leadership.