India, Feb. 25 -- The resurgence of protectionist trade policies under United States (US) President Donald Trump has reignited tensions in global commerce. As of early 2025, the US has imposed significant tariffs on imports from Canada, Mexico, and China, citing economic nationalism, drug control measures, and migration policies as justifications. Additionally, threats of 100% tariffs on BRICS nations Brazil, Russia, India, China, and South Africa if they reduce reliance on the US dollar have further exacerbated economic uncertainty. This article examines the economic consequences of these tariffs on BRICS nations and the broader global trade landscape.

Protectionist policies create ripple effects across global supply chains by increasin...