{"id":95941,"date":"2025-07-10T06:00:11","date_gmt":"2025-07-10T14:00:11","guid":{"rendered":"https:\/\/www.cogwriter.com\/news\/?p=95941"},"modified":"2025-07-10T05:51:21","modified_gmt":"2025-07-10T13:51:21","slug":"brics-trump-tariffs-and-brazil","status":"publish","type":"post","link":"https:\/\/www.cogwriter.com\/news\/prophecy\/brics-trump-tariffs-and-brazil\/","title":{"rendered":"BRICS, Trump, Tariffs, and Brazil"},"content":{"rendered":"

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Brasil logo for July 2025 BRICS conference<\/em><\/p>\n

COGwriter<\/a><\/p>\n

The BRICS+ alliance has caused a stir as have Trump Administration tariff threats. Here is something from CNN<\/em>:<\/p>\n

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Trump is threatening tariffs on a Beijing-backed group. What\u2019s got him so worried?<\/h2>\n

July 10, 2025<\/p>\n

As US President Donald Trump wages a trade war<\/a> across the globe, a new target has come into his line of fire: the BRICS group of emerging major economies.<\/p>\n

Trump in recent days has threatened members<\/a> of the China-<\/a> and Russia-backed club with 10% tariffs on goods imported to the US \u2013 in addition to heightened tariffs already looming for some of them.<\/p>\n

\u201cAny country aligning themselves with the Anti-American policies of BRICS\u201d will face those duties with \u201cno exceptions,\u201d Trump wrote on social media<\/a> Sunday, as leaders from the group met for an annual summit in Rio de Janeiro. …<\/p>\n

In his railings against the group, Trump has homed in on one area he sees as a specific threat: currency.<\/p>\n

\u201cBRICS was set up to hurt us, BRICS was set up to degenerate our dollar and take our dollar, take it off as the standard,\u201d Trump said during the cabinet meeting<\/a> on Tuesday. …<\/p>\n

BRICS countries are, however, interested in expanding trade in their national currencies, rather than relying on the US dollar \u2013 an aim that, if successful, could reduce the dollar dependence of a significant chunk of the global economy. By some estimates<\/a>, BRICS members account for more than a third of global GDP based on purchasing power parity. Currently, the size of the US economy and the stability of the dollar have made the greenback the lifeblood of global finance \u2013 and a significant factor in American global power.<\/p>\n

In a joint declaration<\/a> released during their summit Sunday, the group of BRICS leaders backed ongoing discussions of a \u201ccross-border payments initiative\u201d between member countries. Analysts say<\/a> that such a system, if developed, could potentially become an alternative to the SWIFT inter-bank network, using BRICS countries\u2019 currencies or their digital equivalents.<\/p>\n

Bypassing SWIFT and a dollar-denominated trade system has obvious benefits for certain BRICS countries, such as Russia and Iran, as it could allow them to circumvent heavy Western sanctions. But other countries also see a benefit in not relying on the US dollar for trade. …<\/p>\n

Brazil\u2019s Lula on Monday<\/a> alluded to that when he repeated his view that global trade needs alternatives to the US dollar, but added that this would be something that \u201chappens gradually\u201d and \u201ccarefully.\u201d …<\/p>\n

Trump\u2019s global tariff war has been a rallying point for BRICS. During their summit in Rio, the leaders released a joint declaration voicing \u201cserious concerns\u201d about the \u201crise of unilateral tariff and non-tariff measures\u201d \u2013 an apparent jibe at the Trump administration\u2019s trade policy.<\/p>\n

Members have also found common ground on points counter to the US outside the realm of economics, even as they\u2019ve voiced them carefully. https:\/\/www.cnn.com\/2025\/07\/10\/business\/brics-tariff-threat-trump<\/a><\/p>\n<\/blockquote>\n

Natural News<\/em> posted the following related to BRICS:<\/p>\n

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BRICS nations forge financial independence as Russia accelerates global de-dollarization movement<\/h2>\n

The global financial order is undergoing a seismic shift<\/a>, and the BRICS alliance \u2014 comprising Brazil, Russia, India, China, South Africa, and now expanded to include Egypt, Ethiopia, Iran, and the UAE \u2014 is leading the charge. With mounting distrust in the U.S. dollar\u2019s dominance and growing resentment toward Western financial weaponization, BRICS nations are aggressively pursuing alternatives that sideline the dollar and shield member economies from Washington\u2019s coercive sanctions. As Russian Finance Minister Anton Siluanov declared to RT, national currencies offer BRICS nations a lifeline \u2014 a system unshackled from Western manipulation and capable of resisting political pressure. The timing is no coincidence: With U.S. sanctions freezing Russia\u2019s foreign reserves and restricting SWIFT access, Moscow has accelerated efforts to dismantle the dollar\u2019s supremacy, reinforcing alliances that threaten the bedrock of Western financial control. …<\/p>\n

The rise of a sanctions-proof financial system<\/h2>\n

Since the West froze $300 billion of Russia\u2019s foreign reserves in 2022, Moscow has pivoted decisively toward self-reliance. Siluanov emphasized to RT that transactions processed through direct bank links \u2014 bypassing SWIFT and dollar clearinghouses<\/a> \u2014 ensure \u201creliability and independence from Western lending institutions.\u201d This defiance isn\u2019t theoretical: Russia\u2019s Central Bank Governor Elvira Nabiullina has spearheaded alternatives like SPFS (Russia\u2019s SWIFT counterpart) while negotiating yuan-ruble trade pipelines with Beijing. \u201cWestern infrastructure can suspend payments at any moment,\u201d Siluanov warned \u2014 a reality BRICS aims to eliminate.<\/p>\n

China, sensing vulnerability after U.S. sanctions on Huawei and semiconductor bans, has mirrored this urgency. Beijing\u2019s gold reserves surged to 2,264 tons in early 2024, while its Treasury sell-off accelerated. As Goldman Sachs noted, the yuan\u2019s share in global payments has doubled since 2019\u2014a deliberate erosion of dollar dominance. …<\/p>\n

The question isn\u2019t whether de-dollarization will happen \u2014 but how fast. With 30+ nations eyeing BRICS membership, the alliance\u2019s expansion mirrors the fall of the gold standard. https:\/\/www.naturalnews.com\/2025-07-09-brics-nations-forge-financial-independence.html<\/a><\/p><\/blockquote>\n

Yes, there is a cost to the USA for its sanctions and other trade policies. Back in 2018, we put out a video: US Sanctions and Tariffs leading to New World Order?<\/a><\/p>\n

Regarding trying to bypass the SWIFT system, as well as the role of gold, the\u00a0Continuing<\/em>\u00a0Church of God<\/a> put together the following video on our Bible News Prophecy<\/a> YouTube channel:<\/p>\n

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14:50<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
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SWIFT end to the US dollar?<\/a><\/h3>\n

After World War II, the US dollar became the world\u2019s primary international trading currency. In this video Dr. Thiel and Steve Dupuie went over some of the reasons for that development. They also discussed US dominance of SWIFT. SWIFT stands for the Society for Worldwide Interbank Financial Telecommunication. SWIFT provides a network that enables financial institutions worldwide to send and receive information about financial transactions. The use of sanctions and the weaponization of SWIFT by the US was brought out as were alternatives to SWIFT development by Russia (System for Transfer of Financial Messages-SPFS) and China (Cross-Border Interbank Payment System-CIPS). Also the BRICS Pay alternative to SWIFT, mentioned at the BRICS Kazan Summit in October 2024 was mentioned as well as \u201cthe Unit\u201d, which is a potential, gold-backed currency that Vladimir Putin brought up as another alternative. An article titled \u2018The Biggest Story that\u2019s NOT Being Told Will WREAK HAVOC on the US Economy\u2019 was discussed along with the specter of extreme inflation hitting the US once its dollar is no longer relied on internationally. The fact that SWIFT is supposed to be a European system, and one that Europeans want more control of, was mentioned along with the fact that the Europeans could also push harder for the end of SWIFT and\/or the US dollar dominance. The timing of the coming Great Tribulation and US banking\/financial matters was also mentioned.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/blockquote>\n

Here is a link to our video: SWIFT end to the US dollar?<\/a><\/p>\n

As far as Donald Trump and tariff threats go, his Administration sent out a letter to Brazil increasing tariffs on their goods to 50%.<\/p>\n

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Brazil will respond to Trump\u2019s 50% tariff with \u2018reciprocity,\u2019 says da Silva<\/h2>\n