BRICS Driving a New US Dollar Down Cycle or Pushing it to Collapse?
The United States’ global relations have been at the forefront of geopolitical affairs throughout this month. Amid an influx of America-first trade policies, several global collectives have warned over the protectionist approach. Now, the BRICS bloc is positioning itself, alongside US policy, to either drive a new dollar down cycle or push the currency closer to collapse. At the start of his return to the White House, US President Donald Trump had assured the importance of the greenback’s global status. Indeed, he said that the dollar’s loss of status as a global reserve currency would be akin to “losing a war.” Now, his administration is being confronted with a weakening currency and an influx of global policies to help facilitate its struggle. US Dollar in Concerning Predicament as BRICS & United States Policy Drive It Down Source: iStock Also Read: BRICS: Payments in Chinese Yuan Increased to 24% in 2025 Just one week ago, Goldman Sachs gave a gloomy pre...