BRICS and the Change in Global Trade Order

The year 2025 marks a turning point in global trade. Washington now relies largely on assessments and tariffs as its main economic tools, reshaping international trade. The OFAC sanctions regime has been expanded to include restrictions on individuals, companies, and even countries, highlighting the shift in the global trade landscape. Amidst this backdrop, the BRICS countries – Brazil, Russia, India, China, and South Africa – are increasing their global influence and challenging the dominance of the dollar. These emerging economies are exploring new trade routes and embracing digital financial systems to reduce their dependence on traditional Western financial structures.