Close Trump allies like Steve Bannon say "the president is pissed every time he looks at the BRICS dedollarization effort". The US fears the Global South challenge to the dollar's exorbitant privilege
Brics is basically an alignment against the west, rather than for something. Each of the members has ambitions that are, at best, completely different from one another, and in some cases, contradictory. It reminds me of the cold war era non-aligned movement.
Brics is basically an alignment against the west, rather than for something. Each of the members has ambitions that are, at best, completely different from one another, and in some cases, contradictory. It reminds me of the cold war era non-aligned movement.