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U.S. Tariffs vs BRICS: Could This Be the Dollar’s Breaking Point?

Donald Trump’s announcement of 10% tariffs on BRICS countries reignites a strategic debate: are the United States risking accelerating dedollarization by trying to defend its leadership? Behind this trade offensive lies a deeper fracture, where emerging powers seek to break away from the dominance of the greenback. As geo-economic tensions intensify, the question arises: is Washington actually hastening the challenge to the monetary order it strives to maintain?

While Trump has threatened the BRICS with an unprecedented trade war in recent days, tensions rose another notch on July 10th when economist Igbal Guliyev, affiliated with MGIMO University in Russia, warned about the impact of an American tariff plan targeting members of the BRICS bloc.

U.S. Tariffs vs BRICS: Could This Be the Dollar’s Breaking Point?

Donald Trump’s announcement of 10% tariffs on BRICS countries reignites a strategic debate: are the United States risking accelerating dedollarization by trying to defend its leadership? Behind this trade offensive lies a deeper fracture, where emerging powers seek to break away from the dominance of the greenback. As geo-economic tensions intensify, the question arises: is Washington actually hastening the challenge to the monetary order it strives to maintain?

While Trump has threatened the BRICS with an unprecedented trade war in recent days, tensions rose another notch on July 10th when economist Igbal Guliyev, affiliated with MGIMO University in Russia, warned about the impact of an American tariff plan targeting members of the BRICS bloc.

https://www.cointribune.com/en/us-rates-against-the-brics-what-if-this-really-triggered-the-fall-of-the-dollar/