Mexico joins BRICS and outsmarts US. Support & Concerns are rising. ✓>>👇

Mexico has officially applied to join the BRICS alliance, an economic bloc composed of Brazil, Russia, India, China, and South Africa. This move is expected to have a major impact on the global economy and could be a major blow to the United States’ imports and economy.

Mexico is the world’s 11th largest economy, with a GDP of $1.2 trillion and a population of 128 million people. It is the second-largest economy in Latin America and is a major exporter of goods and services. Mexico is also the United States’ largest trading partner, with the two countries exchanging over $600 billion in goods and services in 2019.

The addition of Mexico to the BRICS alliance would bring the total population of the group to over 3 billion people, accounting for over 40% of the world’s population. It would also increase the group’s total GDP to over $14 trillion, accounting for just over a quarter of the global GDP.

The BRICS alliance is a major economic bloc that has been gaining strength in recent years. It has been credited with helping to reduce global poverty and inequality, as well as providing a platform for the countries to cooperate on a range of economic and political issues.

The addition of Mexico to the BRICS alliance is expected to have a major impact on the global economy. It could lead to increased trade and investment between the BRICS countries, as well as increased cooperation on a range of issues. It could also lead to increased competition between the BRICS countries and the United States, as well as other major economies.

Mexico’s application to join the BRICS alliance has been met with both excitement and concern. Supporters of the move argue that it will help Mexico to become a more influential player in the global economy, while opponents argue that it could lead to increased competition and a weakening of the US economy.

No matter what the outcome, the addition of Mexico to the BRICS alliance is sure to have a major impact on the global economy. It remains to be seen how this move will affect the US economy and the global economy as a whole.