The BRICS bloc is growing and Trump’s tariff threat isn’t expected to put off aspiring members [Video]

President-elect Donald Trump has pledged a 100% tariff against BRICS nations if they continue to undermine the U.S. dollar — but the threat won’t rein in the group’s expansion, analysts tell CNBC.

Most recently, Brazil announced Indonesia’s admittance into the bloc as a member last Monday.

Under outgoing President Joe Biden’s administration, Washington has been relatively dismissive of the 10-member coalition, with White House National Security Communications Advisor John Kirby saying during a press briefing last October that the U.S. does not view BRICS — an economic coalition of emerging markets — as a “threat.” Sentiment could change once Trump enters the White House later this month, following early indications that he may impose tariffs on alliance members if they subvert the U.S. dollar.

“A key policy shift with the incoming Trump administration is its explicit treatment …