BRICS Accelerates De-Dollarization Amid US Policy Tensions
The BRICS alliance is actively reducing reliance on the US dollar, driven by longstanding discontent with American foreign policy. Sanctions against Russia and other nations have catalyzed a global movement toward local currency trade. Emerging economies perceive US monetary policy as politically influenced, particularly after public clashes between TRUMP and Federal Reserve leadership.
Geopolitical tensions now directly threaten dollar hegemony. Developing nations view de-dollarization as economic self-preservation, with BRICS leading the charge. The alliance's pivot mirrors growing distrust in US financial systems and could reshape global trade flows.