There are claims of a split in the BRICS group of five countries, including India. US President Donald Trump has claimed that BRICS has collapsed after threatening to impose high tariffs. However, no BRICS country has officially reacted to this claim. A meeting of the five countries is scheduled to be held in Brazil in July this year. Trump has been threatening to impose 100 percent tariffs on these countries against the dollar for a long time.
According to media reports, Trump says that after threatening to impose 150 percent tariffs, the BRICS countries have decided to ‘split’. This group includes Brazil, Russia, India, China and South Africa. Last week too, he had threatened that if the BRICS countries come up with a common currency, they will face 100 percent tariffs from the US.