Washington, Sep 9 || Sourabh Gupta, Senior Fellow at the Institute for China-America Studies (ICAS), countered White House Advisor Peter Navarro’s latest tirade against the BRICS group, calling his statements “wrong on so many points in his single sentence.”
“If he feels they suck like vampires with their trade practices, he is welcome to bring cases against them at the WTO. Of course, he knows that the US will lose all these cases,” he said.
Gupta added that BRICS nations can survive easily without selling to the US. “The trade to GDP ratio, including the ratio of exports to the US, is generally lower for most BRICS countries compared to their middle-income peers. They are mostly less trade-dependent and will survive far more easily without selling to the US.”
White House Senior Advisor Peter Navarro on Monday targeted the BRICS bloc, asserting that “none of these nations can survive if they don’t sell it to the United States.”