
‘TRUMP TARIFF’ GAMBIT CARRIES THE TRADE WAR INTO BRICS CAMP “ In classic strategy, attacking the weakest link of the enemy is the opening gambit of choice. ‘Trump Tariffs’ have applied this classical manoeuvre in targeting India and Brazil, the weakest duo of the Big Four of BRICS. ” – Col RS Sidhu Context The choke hold on the international trading, banking, and finance (ITBF) system by the US led economic grouping, the G7, is at the core of the US geopolitical supremacy . This pre-eminence is under challenge by BRICS, a geoeconomic bloc of eleven countries and expanding; founded by Russia, China, India, Brazil, and South Africa; that aims at developing an alternative ITBF system . The BRICS is also facilitating intra Bloc bilateral trade in local currency, that sidelines the US Dollar . This...