Trump Taunts BRICS Over De-Dollarization Efforts, Vows to Strengthen USD Dominance

Former US President Donald TRUMP has issued a sharp rebuke to the BRICS alliance, dismissing their de-dollarization ambitions as futile. While signing the GENIUS Act into law, Trump mocked the bloc as a "little group which is fading fast," reaffirming the US dollar's unrivaled position in global finance.

The BRICS nations—a coalition of ten emerging economies—have accelerated efforts to reduce reliance on the USD, with recent moves causing notable pressure on dollar hegemony. Trump framed the currency's supremacy as a geopolitical imperative, stating its loss WOULD equate to "losing a world war."

The newly enacted GENIUS Act appears designed to reinforce dollar primacy, though specific mechanisms remain unspecified. This development comes as BRICS-led alternatives like local currency settlements and digital payment systems gain traction in emerging markets.