Europe

BRICS Divided on Ditching US Dollar as Key Nation Dissents

The ongoing friction between the West and the global South has been a driver of geopolitical concern for much of the year so far. With US President Donald Trump threatening 150% tariffs, that has now led to tensions within the economic alliance. Indeed, the BRICS bloc is reportedly now divided on ditching the US dollar as one key nation dissents.

The bloc has long believed in the importance of lessening reliance on the greenback. Throughout the last several years, those de-dollarization efforts have been embraced to encourage economic participation from developing nations. However, that pursuit is driving an increased divide in the bloc so far this year.

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