- India began its BRICS presidency on January 1, 2026, and is steering the bloc toward reduced dependence on the United States.
- Member states are discussing measures such as increased trade in local currencies, reconfigured supply chains, and lower internal barriers to counter proposed U.S. tariffs that could reach 100%.
- The BRICS agenda emphasizes climate justice, debt relief, and development-focused policies under the theme “Building Resilience and Innovation for Cooperation and Sustainability.”
- The Trump administration has described BRICS as “an attack on the US dollar,” prompting coordinated responses from member states.
- Dr. Raj Kumar Sharma urged institutional reform rather than rejection of global governance structures.
On January 1, 2026, India assumed the BRICS presidency and began directing the bloc toward lower reliance on the United States to protect member economies from proposed tariff actions. The move comes as the Trump administration advances trade measures that could impose 100% levies on BRICS countries and as India promotes a Global South agenda focused on development and fairness.
BRICS officials are exploring practical responses, including boosting trade in local currencies, reshaping supply chains, and reducing internal trade barriers to blunt the impact of U.S. tariffs. India frames its year as centered on the theme “Building Resilience and Innovation for Cooperation and Sustainability.”
The U.S. characterization of BRICS as “an attack on the US dollar,” has heightened tensions and shaped discussions about alternative trade and financial arrangements. BRICS negotiators are increasingly focused on options outside Western-dominated structures to reduce vulnerability to so-called weaponized commerce.
In 2023, BRICS expanded membership to include Iran, Egypt, Ethiopia, the UAE, and Indonesia, broadening the bloc’s Global South reach. In January 2026, the America First Policy Institute reported that 91 percent of its federal policies were already in place or underway, including aggressive tariff measures.
Dr. Raj Kumar Sharma said, “India will continue to make efforts for reform of institutions of global governance instead of rejecting them, as is the case with the current US leadership.” New Delhi’s task in the coming months is to balance relations with major powers while advancing a development-centered BRICS agenda.
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