U.S. Tariffs on BRICS Could Fuel De‑Dollarization Trend, Economist Warns 💸

Economist Igbal Guliyev of MGIMO University cautions that President Trump’s threat to impose 10% tariffs on BRICS countries—a response to their anti-dollar rhetoric—is likely to backfire. Rather than deterring de-dollarization, the move may accelerate the bloc’s shift toward alternative financial systems and deepen economic fragmentation. Guliyev warns the policies could ultimately weaken U.S. global economic influence instead of preserving it.