Close Trump allies like Steve Bannon say "the president is pissed every time he looks at the BRICS dedollarization effort". The US fears the Global South challenge to the dollar's exorbitant privilege
BRICC current dedollerization has more to do with his tarrifs attacks harm to international trade then then anything else. Making trade with your nation less profitable. Is a rather stupid move if you want the world to use your currency to trade amounts each other.
When the global currency is run by a petty man child. It is the nations not making an effort to move away from it that are more worrying.
BRICC current dedollerization has more to do with his tarrifs attacks harm to international trade then then anything else. Making trade with your nation less profitable. Is a rather stupid move if you want the world to use your currency to trade amounts each other.
When the global currency is run by a petty man child. It is the nations not making an effort to move away from it that are more worrying.