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Will Japan join BRICS? The BRICS bloc — Brazil, Russia, India, China, South Africa, and six other members — has often struggled with internal cohesion.
But BRICS is now more united than ever. And according to recent reports, they’re eyeing stealing Japan from the G7 economic bloc.
Why’s it happening? Two words: Trump’s tariffs.
Will Japan Join BRICS? It’s More Likely Than Ever
The trade war started when Donald Trump stepped back into the Oval Office. Tariffs hit Japanese cars first, like Honda, Toyota, and Nissan, industries that are built into Japan’s national identity.
Nearly a third of those exports went to the United States, and overnight that pipeline was throttled.
Then came electronics, semi-conductors, agriculture, and even seafood. Trump went online to defend it: “America must come first. Even allies can’t take advantage of our generosity.”
In Tokyo, the line landed like a betrayal. Members of parliament were reportedly asking one another, “If even Japan isn’t considered an ally, then what is left?”
While Japan reeled, Beijing and Moscow moved in. Chinese delegations began arriving with offers of tech partnerships, joint energy projects, and payment systems that sidestepped the dollar.
By April, Bloomberg reported on a private meeting in Shanghai in which Japanese, Chinese, and Russian officials explored what full BRICS membership might entail.
The kicker is that Japan is already trading a lot more with BRICS members:
- Japanese exports to China have jumped 14% in six months.
- Sales to India are up 21%, Brazil 18%.
- In South Africa, corporations are hunting for platinum and lithium projects.
Even Russia is still in the mix. Sanctions haven’t stopped the energy trade that several other countries besides Japan exploit.
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Could Tariffs Unite BRICS?
Indian Prime Minister Narendra Modi announced plans to visit China for the first time in over seven years after the White House announced a fresh 25% tariff on Indian imports, bringing total duties to 50%.
U.S. tariffs may be doing what years of summits could not: pushing them closer together.
China is already the largest trading partner for Brazil, accounting for 28% of exports and 24% of imports. Meanwhile, India and China remain the top buyers of Russian oil, helping Moscow weather sanctions even as its economy falters.
According to IMF data, BRICS GDP growth outpaced the global average in 2024 at 4%, compared to 3.3% worldwide and just 1.7% across the G7. Projections for 2025 keep BRICS growth above 3.4%, nearly triple the G7’s 1.2%.
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Is Japan The Next Candidate to Watch?
BRICS is going to back their new currency with a basket of commodities to compete with the USD, so the US will, in all likelihood, do the same. Their gold reserves are not sufficient on their own.
That means gold, bitcoin, oil reserves, and rare earth mineral reserves will be used.
BRICS is no longer just a club of emerging economies. With Washington looking erratic on trade and foreign policy, the bloc is positioning itself as the calmer alternative. Expansion is now on the table, and countries once thought unthinkable. Japan, among them, could join the fold.
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Key Takeaways
- Will Japan join BRICS? The BRICS bloc – Brazil, Russia, India, China, South Africa – have had their differences, but are ready to unite.
- With Washington looking erratic on trade and foreign policy, the bloc is positioning itself as the calmer alternative.
The post Japan Joins BRICS? BRICS Just “Declared War” on the U.S. Dollar appeared first on 99Bitcoins.
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