How Trump Is Helping China, Brazil and BRICS

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How Trump Is Helping China, Brazil and BRICS The BRICS group of emerging-market powers–the acronym stands for Brazil, Russia, India, China and South Africa–has gone from a slogan dreamed up by former Goldman Sachs head of Global Economic Research Jim O’Neill to a real-world club with growing economic and political weight. It almost doubled in size in 2024, pairing several major energy producers including the United Arab Emirates and Iran. US President Donald Trump’s policies and his “America first” mantra has created an opening for the group to position itself as a counterweight to Western-led institutions. But with a lack of shared values and identity, can it become a meaningful global force? Note: An earlier version of this video contained an error in the map labeling of UAE at 3:29. This issue has been fixed. Get the Balance of Power newsletter the latest political news, analysis, charts and dispatches from around the globe. 00:00 Introduction 01:46 How BRICS got started 03:39 Economic power 04:48 Circumstance 07:00 Hurdles 08:14 What next -------- Like this video? Subscribe: Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: Bloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomb
  2025/07/04      youtube

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