BRICS Currency Launch Proceeds Unfazed by US Tariff Escalation
The BRICS alliance remains steadfast in its 2026 currency launch timeline despite aggressive US trade measures aimed at derailing the initiative. Former President Trump's October 10 announcement of 100% tariffs on Chinese goods, effective November 1, marks the latest salvo in Washington's campaign against the emerging financial system.
Development of the BRICS payment network continues accelerating across member states, with digital infrastructure deployments progressing unimpeded. Analysts at UltimaMarkets confirm the geopolitical tensions have not impacted technical preparations for the new reserve currency alternative.
This follows a series of escalating US trade barriers since July 2025, when TRUMP first threatened 10% tariffs on BRICS-aligned nations. By September 2025, American import duties had surged to 17.9% - the highest level in over a century - as the Treasury Department deploys economic weapons against the dollar challenger.