TRUMP CLAIM ON BRICS AND THE DOLLAR

'' TRUMP  CLAIM ON BRICS AND THE DOLLAR ''


NEWSBURNER360

TRUMP TO BRICS

               * built to challenge the power of the U.S. dollar.”**

* He explained that the dollar’s global dominance gives America **economic control** and **strategic strength** in world trade.

* According to him, **BRICS countries were planning** to create an alternate system of trade settlements that could weaken U.S. influence.

* Trump said his government **took action through tariffs and trade pressure** to stop this plan.

* He claimed his tough trade stance **“forced nations to back off”** and that “they no longer talk about BRICS like before.”


           Meaning Behind Trump’s Statement


NEWSBURNER360


* The **“attack on the dollar”** phrase refers to efforts by BRICS nations to use **their own currencies** for trade instead of the U.S. dollar.

* This idea is called **“de-dollarisation”** — reducing dependence on the U.S. currency for oil, trade, or reserves.

* Trump suggested that this would **hurt the U.S. economy** by lowering the demand for dollars worldwide.


       Trump’s Tariff Strategy

NEWSBURNER360


* Trump used **tariffs (import taxes)** as a tool to pressure countries in trade negotiations.

* He claimed that these tariffs made many nations **“think twice”** before aligning fully with BRICS.

* According to him, the threat of losing access to the **U.S. market** discouraged some nations from joining anti-dollar initiatives.

* He presented this as a **victory for U.S. economic security** and a **defense of American currency power**.


             BRICS Situation in Reality (2025)


NEWSBURNER360


           * The **core BRICS members remain**: Brazil, Russia, India, China, and South Africa.

* The group continues to **discuss trade cooperation**, **technology sharing**, and **financial independence**, but the **U.S. dollar is still dominant**.

* Some nations have **supported the idea** of using local currencies in trade, but **no global alternative currency** has replaced the dollar.

* BRICS focuses more on **economic growth, resource cooperation, and fairer trade systems** rather than directly attacking the dollar.

* Expansion talks and **new memberships** have been discussed, showing that **the bloc is still active**.


       Why Trump’s Claim Is Controversial


                 * No official record shows that any country **left BRICS** because of U.S. tariffs.

* Trump’s statement likely emphasizes **his political stance** — showing that his policies “protected” U.S. power.

* Many analysts view it as **a political claim**, not a proven event.

* BRICS activities continue normally, though U.S. policies still affect **global trade decisions**.'


NEWSBURNER360


           ''  Main Idea   ''


          * Trump views BRICS as an **economic threat** to American currency strength.

* He credits his **tariff policies** for keeping the dollar strong and preventing countries from abandoning it.

* In reality, **BRICS remains united**, but its attempts to reduce dollar use have **not yet succeeded**.

* The **U.S. dollar continues** to lead world trade, investment, and reserves.


Comments

Popular posts from this blog

bullet bike

iPhone vs. Android

BEST BIKE TO RIDE IN INDIA