“India is now, according to the United Nations, the largest country on earth. The United States telling India what to do is like a mouse hitting his fist to an elephant,” Wolff said.
His comments came after 50 percent US tariffs on Indian products took effect on Wednesday, doubling existing duties. President Donald Trump imposed the move as punishment for New Delhi’s continued purchase of Russian oil, part of Washington’s campaign to cut Moscow’s revenues and end the Ukraine war.
In an interview with Russia Today, Wolff argued that the tariffs will not isolate India but instead push it closer to BRICS partners. “Just like Russia found another place to sell its energy, India will sell its exports no longer to the United States, but to the rest of the BRICS,” he said.
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The consolidation of global south
The BRICS grouping, comprising Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran and the United Arab Emirates, seeks to counterbalance Western financial dominance and is exploring ways to challenge the dollar’s supremacy in global trade.
Wolff highlighted the bloc’s growing clout: “If you take China, India, Russia and the BRICS, the total share of world output those countries produce is 35%. The G7 is down to about 28%.”
Trump's eye on BRICS
He warned that US tariffs could accelerate BRICS integration. “In hothouse fashion, you are developing the BRICS to be an ever larger, more integrated and successful economic alternative to the West. We are watching a historic moment,” he said.
Trump, however, has repeatedly dismissed the group, describing BRICS as a “little group” that is "fading out fast". In February, he declared that “BRICS is dead” and even threatened to impose 100 percent tariffs on its members if they pursued a common currency, saying, “They can go find another sucker Nation.”
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