The idea of a shared Brics currency aims to challenge the dominance of the US dollar, as Lula and Putin advocate for an alternative financial framework.
Trump's response indicates strong resistance, threatening punitive tariffs on nations supporting a Brics currency, which reflects his concern over US dollar supremacy.
Despite vocal support from Brics leaders, a new currency lacking a stable foundation or acceptance would likely struggle to gain international credibility.
Even with Trump's ultimatums, the feasibility of a Brics currency appears limited, suggesting that attempts to circumvent the dollar's dominance may face significant hurdles.
Collection
[
|
...
]