President Trump has declared halting de-dollarization as a key focus. By wielding tariffs, he aims to reinforce the U.S. Dollar’s position as the world’s reserve currency. He specifically cautioned BRICS nations about consequences for attempting to bypass the dollar.

While Trump maintains that tariffs will protect the dollar, economists are skeptical about this approach’s success. Despite threats, BRICS members Russia and China are increasingly trading in national currencies, demonstrating their resilience against dollar hegemony.