Trump & Putin: End of the Brics Dollarization in sight?

Trump & Putin: End of the Brics Dollarization in sight?

Ukraine, Ukraine - turbulence at Brics! The promising de-$bünde of the Allianz could find an abrupt end in 2025! Although the block has been trying to undermine the western US dollar hegemony in recent years, previous efforts have failed. But now an unexpected political hurricane creates a stir: Donald Trump is back on the scene and relies on his supposedly friendly relationship with Russia's Vladimir Putin. The sheet has turned since his election in 2024, and Putin is suddenly no longer so much to reject the American dollar.

The year 2022 was the year of unrest when Russia's invasion of Ukraine shocked the world. The United States reacted with hard sanctions what Russia drove into the arms of the BRICS countries. The aim was to reduce the dependency on the dollar. But now, with Trump in the Oval Office, Putin has publicly reconsidered his attitude towards the US currency. This could lead to a reversal of the BRICS plans and endanger the de-dollarization strategy-would you really separate from the US currency?

Trump-Putin showdown: A new chapter

As Reuters reports, Putin is open to a meeting with Trump to discuss the Ukraine conflict. The extensive conditions that he suggests are noteworthy, but even this willingness is a milestone. Trump as an official becomes clear that the supposed transfer of the dollar will not be done so easily. The promises to take economic levers on the part of the BRICs could falter for the first time.

The confident Trump, convinced of his ability to end the Ukraine War, could herald a new era between him and Putin-a dangerous mix that Brics could grind hopes. This possible US Russia approach would not only be a risk to the dollar implication, but could also strengthen the US dollar at the top of the global economic powers. The time will show whether BRICS can still find his original plan in this wild constellation.