EPISODE · Jul 10, 2025 · 45 MIN
As Trump threatens BRICS, it grows stronger, resisting US dollar and Western imperialism
from Geopolitical Economy Report · host Ben Norton
US President Donald Trump has threatened heavy tariffs on BRICS, claiming the organization is "dead", but it is actually growing in size and influence. 10 members and 10 partners participated in the 2025 BRICS summit in Brazil, where they discussed plans for dedollarization, trade and investment in national currencies, and how to create a more multipolar global order. Ben Norton explains. VIDEO: https://www.youtube.com/watch?v=SmR03QFdhfs Topics 0:00 Trump attacks BRICS 0:25 (CLIP) Trump claims "BRICS is dead" 1:16 BRICS is growing 1:49 BRICS: 10 members & 10 partners 2:26 BRICS: 44% of global GDP (PPP) 2:41 BRICS: 56% of world population 2:55 Vietnam joins BRICS 3:27 Cuba joins BRICS 4:11 Mexico attends BRICS summit 4:58 Trump threatens tariffs on BRICS 6:07 Trump doesn't understand BRICS 6:21 (CLIP) Trump claims Spain is in BRICS 6:58 Lula: World doesn't want an "emperor" 8:03 Dedollarization 8:31 (CLIP) Trump threats to save US dollar 8:48 BRICS promotes dedollarization 9:54 Brazil challenges US dollar dominance 10:44 New Development Bank (NDB) 11:03 US meddling in Colombia 11:50 US-backed coup in Bolivia 13:01 US-backed judicial coup in Brazil 13:40 BRICS trade in local currencies 14:38 Dedollarization: slow and steady 15:29 Dedollarization in BRICS declaration 17:32 IMF alternative: Contingent Reserve Arrangement (CRA) 20:29 New international financial system 21:27 Vladimir Putin's speech 21:48 Why the absence of Xi Jinping and Putin? 23:31 Why Iran's president did not attend 24:22 China's view of BRICS 26:15 Goals of BRICS 27:03 Financial imperialism: the "reverse Marshall Plan" 30:28 Billionaire oligarchs 31:58 Malaysia PM Anwar Ibrahim 32:22 Non-Aligned Movement 33:37 (CLIP) BRICS inspired by Non-Aligned Movement 35:02 (CLIP) Malaysia PM on de-dollarization 35:44 Bandung Conference 36:46 (CLIP) Malaysia PM: BRICS follows Bandung 37:27 Decolonization and multipolarity 39:57 NATO militarization and warmongering 40:32 Climate change 41:17 Palestine and Iran 41:57 Multilateralism under attack by USA 42:50 Imperialism vs democracy 43:27 Capitalist oligarchy 43:43 Trump: symbol of US imperialism 44:28 Meaning of BRICS 45:14 Outro
What this episode covers
US President Donald Trump has threatened heavy tariffs on BRICS, claiming the organization is "dead", but it is actually growing in size and influence. 10 members and 10 partners participated in the 2025 BRICS summit in Brazil, where they discussed plans for dedollarization, trade and investment in national currencies, and how to create a more multipolar global order. Ben Norton explains. VIDEO: https://www.youtube.com/watch?v=SmR03QFdhfs Topics 0:00 Trump attacks BRICS 0:25 (CLIP) Trump claims "BRICS is dead" 1:16 BRICS is growing 1:49 BRICS: 10 members & 10 partners 2:26 BRICS: 44% of global GDP (PPP) 2:41 BRICS: 56% of world population 2:55 Vietnam joins BRICS 3:27 Cuba joins BRICS 4:11 Mexico attends BRICS summit 4:58 Trump threatens tariffs on BRICS 6:07 Trump doesn't understand BRICS 6:21 (CLIP) Trump claims Spain is in BRICS 6:58 Lula: World doesn't want an "emperor" 8:03 Dedollarization 8:31 (CLIP) Trump threats to save US dollar 8:48 BRICS promotes dedollarization 9:54 Brazil challenges US dollar dominance 10:44 New Development Bank (NDB) 11:03 US meddling in Colombia 11:50 US-backed coup in Bolivia 13:01 US-backed judicial coup in Brazil 13:40 BRICS trade in local currencies 14:38 Dedollarization: slow and steady 15:29 Dedollarization in BRICS declaration 17:32 IMF alternative: Contingent Reserve Arrangement (CRA) 20:29 New international financial system 21:27 Vladimir Putin's speech 21:48 Why the absence of Xi Jinping and Putin? 23:31 Why Iran's president did not attend 24:22 China's view of BRICS 26:15 Goals of BRICS 27:03 Financial imperialism: the "reverse Marshall Plan" 30:28 Billionaire oligarchs 31:58 Malaysia PM Anwar Ibrahim 32:22 Non-Aligned Movement 33:37 (CLIP) BRICS inspired by Non-Aligned Movement 35:02 (CLIP) Malaysia PM on de-dollarization 35:44 Bandung Conference 36:46 (CLIP) Malaysia PM: BRICS follows Bandung 37:27 Decolonization and multipolarity 39:57 NATO militarization and warmongering 40:32 Climate change 41:17 Palestine and Iran 41:57 Multilateralism under attack by USA 42:50 Imperialism vs democracy 43:27 Capitalist oligarchy 43:43 Trump: symbol of US imperialism 44:28 Meaning of BRICS 45:14 Outro
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As Trump threatens BRICS, it grows stronger, resisting US dollar and Western imperialism
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