United States Government Is Very Afraid Of BRICS And Dedollarization
Western corporate media coverage of the Global South-led organization BRICS is frequently dismissive and condescending. Bloomberg published an article claiming that BRICS is “little more than a meaningless acronym”.
It appears that a lot of this criticism, nevertheless, is actually a coping mechanism, because evidence is piling up showing that the US government is very afraid of the rapid growth of BRICS.
Donald Trump, in particular, is terrified of the possibility of BRICS challenging the global dominance of the US dollar.
BRICS held a successful summit in Brazil in July, featuring for the first time the participation of 10 members and 10 partner countries.
Trump responded with furious denunciation, threatening to hit all BRICS countries with 10% tariffs.