The hottest multilateral club doesn't include the US
July 29, 2025
9 min
Full
71 of 300
July 29, 2025
The hottest multilateral club doesn't include the US
0:00 / 9:24
Excerpt playback isn’t available for this episode — use the full-episode link.
Search the Record
Moment search isn’t open for this episode yet
When it opens, you’ll be able to type any phrase and jump straight to the second it was said.
Nprs Planet Money Episodes Around July 29, 2025
Episode 71 of 300 — walk the feed in the order it was published.
9:24This episodeThe hottest multilateral club doesn't include the US
Summary
BRICS is an economic alliance of countries that includes Brazil, Russia, India, China, South Africa and several other nations. They met earlier this month to discuss everything from international law to global health. President Trump, however, is not a fan of BRICS and threatened members with increased tariffs. <br /><br />So why has this alliance generated so much animosity from the President? Today on the show, we talk to the economist who <a href="https://www.goldmansachs.com/insights/goldman-sachs-research/building-better" target="_blank">coined the term "BRICs"</a> about the origins of the group and why the international economic organizations have been western dominated for so long. <br /><br /><strong>Related episodes: <br /></strong><a href="https://www.npr.org/2025/04/22/1246322286/chinas-trade-war-perspective" target="_blank">China's trade war perspective</a> <br /><a href="https://www.npr.org/2025/04/29/1247777247/pakistan-us-china-trade-tariffs-aid" target="_blank">Is the US pushing countries towards China?</a><br /><br /><em>For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at </em><a href="http://plus.npr.org/" target="_blank"><em>plus.npr.org</em></a><em>.<br /><br />Fact-checking by </em><a href="https://www.npr.org/people/g-s1-26724/sierra-juarez" target="_blank"><em>Sierra Juarez</em></a><em>. Music by </em><a href="https://dropelectric.bandcamp.com/" target="_blank"><em>Drop Electric</em></a><em>. Find us: </em><a href="https://www.tiktok.com/@planetmoney" target="_blank"><em>TikTok</em></a>, <a href="https://www.instagram.com/planetmoney/" target="_blank"><em>Instagram</em></a>, <a href="https://www.facebook.com/planetmoney" target="_blank"><em>Facebook</em></a>, <a href="https://www.npr.org/newsletter/money" target="_blank"><em>Newsletter</em></a><em>. </em><br /><br />See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.<br /><br /><a href="https://www.npr.org/about-npr/179878450/privacy-policy">NPR Privacy Policy</a>
Episode details and artwork are published by the show’s own feed. Sentinel plays short cited excerpts and links every episode back to its publisher.