BRICS countries are expected to retaliate with countermeasures if the U.S. imposes a 100% customs duty on goods from member states, Tass reported, citing Shakila Yacob, a professor at the Jeffrey Cheah Institute on Southeast Asia at Sunway University in Malaysia. Speaking at the Valdai International Discussion Club’s 15th Asian Conference in Kuala Lumpur on Dec. 9, she warned:

Of course, this will simply result in other countries responding with their countermeasures.

Yacob emphasized the likely consequences of such a policy, stating: “If Trump indeed imposes 100% duties, it will lead to countermeasures.”

The conference, which runs from Dec. 9-10 in Kuala Lumpur, is a platform for discussing regional and global issues, including the evolving economic and geopolitical role of alliances like BRICS. Organized in partnership with Malaysia’s Bait Al Amanah Foundation, Japan’s Sasakawa Peace Foundation, and Malaysia’s Institute for Strategic Analysis and Policy Research (INSAP), the event brings together experts to analyze the implications of protectionist policies and their impact on international trade and regional stability.

The professor expressed concerns about the broader economic impact of such measures, particularly on global trade dynamics. She noted the importance of Southeast Asia in this scenario. She noted:

We are concerned about the influence that it will have on the global economy, which is why it is important for Southeast Asia to join BRICS.

Her remarks followed a proposal by U.S. President-elect Donald Trump, who suggested the steep tariffs as a reaction to any move by BRICS members to move away from the U.S. dollar in international trade.

Many people have reacted to Trump’s threat regarding BRICS tariffs. China has strongly defended the BRICS coalition against the tariff threats, emphasizing its principles of openness and inclusiveness. French economist Jacques Sapir has warned that 100% tariffs on BRICS imports could double U.S. prices for essentials and accelerate a global shift away from the dollar. Duvvuri Subbarao, former Governor of the Reserve Bank of India, questioned whether U.S. laws allow sanctions based solely on shifting away from the dollar.

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