Trump Launches 150% Tariffs, BRICS Unexpectedly Strikes Back With New Payment System

Washington thought the blow would be fatal. But instead of disintegrating, BRICS suddenly raised its head, launching a counterattack that could shake the global financial order.

When Donald Trump – the man famous for his “art of intimidation” strategy – announced that he would impose tariffs of up to 150% on BRICS countries if they continued to “play with the US dollar”, no one was surprised. But what no one expected was: BRICS not only did not back down, but also counterattacked with a strategic move – launching a new blockchain payment system and discussing a common currency that could replace the USD.

“Any BRICS country that dares to think about undermining the US dollar will immediately face a 150% tariff,” Trump declared bluntly from the White House, as if signaling a full-blown currency war. But it didn’t turn out the way he thought.

BRICS: From the shadow of the West to the ambition to reshape the world

BRICS – an alliance of Brazil, Russia, India, China and South Africa – was once a loose club of emerging economies. But times have changed. In 2024, at the BRICS summit in Kazan, Russia, leaders publicly announced plans to launch a blockchain-based payment system and discussed the issuance of a common currency called the “Unit”, which could be backed by gold.

More than just talk, Russian President Vladimir Putin appeared on stage holding a prototype of the first BRICS banknote – a symbolic image of the effort to escape the dominance of the US dollar.

Currently, about 90% of global transactions still use the US dollar, but BRICS is quietly undermining that position. In 2023 alone, more than 20% of global oil trade will be conducted in currencies other than the US dollar – a figure that would have sounded like a dream 10 years ago.

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Trump is angry: When threats become strategy

From Washington, Trump did not hide his anger. He accused the BRICS of “playing a dangerous game” with the dollar, threatening to cut off all trade relations with any BRICS country if they continued to support “de-dollarization”.

Not stopping at words, he took an unprecedented step: imposing a 150% tariff on imported goods from BRICS. For him, this is not simply a trade war – this is a battle for survival to protect the monopoly position of the US dollar.

Trump even mocked that after the US sanctions, he “no longer hears from BRICS,” implying that the bloc has “gone silent” out of fear or disintegration. But the truth is the opposite.

BRICS’s Silent but Dangerous Retaliation

After being squeezed, BRICS did not collapse. They expanded.

In 2023, BRICS will welcome Egypt, Ethiopia, Iran, the UAE and Indonesia – countries with significant resources, geostrategic locations or economic potential. The BRICS economic network is now like a vortex with great gravitational pull, where developing countries are beginning to look to as alternatives to the West.

While former US National Security Adviser John Bolton called BRICS “a heterogeneous, heterogeneous group,” European diplomats are starting to worry. Reinhard Bütikofer – a German official – warned that BRICS expansion could undermine Western dominance, especially when Europe is losing its image as a “fair partner” in the eyes of the developing world.

China and Russia: Two silent engines in the BRICS machine
Within the BRICS, China is the main engine. With ambitions to increase global influence, Beijing uses BRICS as an extension of the Belt and Road Initiative, while skillfully shaping the bloc’s agenda.

Russia – struggling with sanctions from the West – sees BRICS as a way out to find economic allies and break its isolation. Both see in BRICS a tool to challenge the Western financial system, where the US is the one that issues money and rules the game.

Is a new order emerging?

Although US experts believe that the USD is still “unrivaled”, research by the Atlantic Council shows that confidence in the USD is gradually waning in the eyes of many developing countries. The reason? The policy of embargoes, sanctions, and the US’s use of the dollar as a geopolitical weapon have caused many countries to seek “escape”.

BRICS is not a perfect solution, but it is an attractive choice for those who do not want to bow to Washington forever.

Conclusion: Trump threatens, BRICS strikes back, and the world… is waiting for change
The battle between Trump and BRICS is not just a story of tariffs or money. It is a global power struggle. When the US launches a preemptive strike, BRICS quietly strikes back – and both understand that: whoever controls the currency, shapes the world.

The world is witnessing a simmering shakeup, where the USD may no longer be the “king without a throne”, and a new order is being rewritten – not with bombs, but with technology, finance and trust.