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TexasTowelie

(126,158 posts)
Tue Feb 3, 2026, 01:26 PM 8 hrs ago

BRICS in Serious Trouble - Joe Blogs



India has just struck a major trade deal with the United States — and the consequences could be devastating for Russia and the BRICS alliance.

Under the agreement, U.S. tariffs on Indian goods are cut to 18%, while India agrees to scale back and ultimately stop buying Russian oil, alongside lowering barriers to U.S. imports. On the surface, this looks like a trade deal. In reality, it’s a major geopolitical shift.

In this video, I break down the latest 12-month trade data, showing just how important the U.S. market is to India — not just in revenue terms, but in jobs. Using the most up-to-date figures, exports to the U.S. now support around one million Indian jobs, compared with tens of thousands linked to exports to Russia.

We also look at:
• The true scale of U.S.–India trade (goods and services)
• Why the U.S. accounts for nearly one-fifth of India’s total exports
• How small Russia’s export relationship with India really is by comparison
• What India’s pullback from Russian oil means for Russian revenues
• Why this deal seriously undermines the idea of BRICS unity
• And whether China or other BRICS members are stepping in to fill the gap

When you follow the money — and the jobs — India’s decision becomes very clear.

This isn’t ideology. It’s economics.

Chapters:
0:00 Intro
0:51 TRUMP
2:21 RUSSIA
3:46 VENEZUELA
4:30 MODI
5:58 BRICS
6:50 TRADE
8:16 EMPLOYMENT
10:39 BRICS
12:21 SUMMARY
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