Should BRICS be taken Seriously?

Members of BRICS pose essential geopolitical and geo-economic questions in their challenge to the supremacy of Western institutions. The BRICS plays a vital role in the Global South's push to overhaul the Western-dominated global system. The concept of multipolarity is gaining popularity, particularly as the BRICS nations take the lead in establishing a more diverse and inclusive global framework that offers greater economic opportunities and reduces reliance on Western countries and institutions. In addition, the Bloc advocates alternatives to the predominantly Western financial system, aiming to facilitate local commerce by using its own currencies. Establishing a new currency among the group's members has become a priority. Global energy dynamics, particularly in the petroleum industry, may be influenced by key oil-producing countries that are now members of BRICS. Moreover, China's significant control over rare-earth mineral reserves is an additional concern for Western countries. Furthermore, BRICS nations are considering establishing a grain market that could have a substantial impact on global commodity prices. Russia, as the foremost wheat producer, champions this initiative aggressively. The main objectives of BRICS are to strengthen economic self-sufficiency, challenge Western financial systems, and expand its global influence. The attempt by China and other members to challenge the current dominance of the dollar in worldwide finance and commerce warrants careful consideration and should not be dismissed. President Trump's aggressive tariff strategy against BRICS members has achieved limited economic goals, but has unintentionally strengthened alliances within the Bloc. Keywords: Anti-USA; BRICS; geostrategic; Global South; multipolarity; tariffs; Trump; US dollar