Trump gave BRICS a 'shared incentive'Former Indian trade official Ajay Srivastava thinks BRICS nations feel "little intimidation" from being singled out for additional penalties by Trump. He told DW that the tariffs "give BRICS a shared incentive to cut their reliance on the US, even if agendas differ." Former Indian trade official Srivastava, who went on to establish the New Delhi-based Global Trade Research Initiative, said BRICS is "less about perfect unity and more about pragmatic cooperation in trade, finance and supply chains." While trade among BRICS nations has been increasing faster than trade between BRICS and G7 countries, much of it is in hydrocarbons. "We can expect greater political support for new trade initiatives, 'Buy BRICS' campaigns and projects like the BRICS grain exchange and the expansion of local currency settlement mechanisms," Papa told DW.