BRICS Nations Adjust De-dollarization Strategy

BRICS countries have moderated their stance on reducing reliance on the US dollar, opting to engage in discussions with President Trump and emphasizing tariff reductions over directly challenging the dollar's global supremacy. At their recent meeting, leaders refrained from making bold statements regarding the proposed introduction of a shared currency, with countries like India openly showing support for the dollar and rejecting the idea of a common currency. Analysts believe that the bloc is strategically pausing its efforts, which could potentially be revitalized in the future under a different US administration with a lesser focus on economic coercion.