Fastepo: Trump Warns BRICS Countries with 100% Tariff for Dedollarization

In recent years, a noteworthy trend has emerged on the international financial landscape: de-dollarization. This movement seeks to reduce the reliance on the U.S. dollar for global trade, financial transactions, and reserves, gaining momentum due to a confluence of geopolitical and economic factors. As we explore this topic, it’s essential to understand the implications of this shift and its potential effects on the global economy. Historically, the U.S. dollar has maintained a dominant position in the global financial system, with its share of global reserves hovering around 71% in 1999. Fast forward to early 2024, and that figure has dwindled…