Trump Embraces Weaker Dollar Policy Amid BRICS De-Dollarization Push
President Trump's endorsement of a weaker U.S. dollar marks a radical departure from traditional Republican economic policy, coinciding with accelerated de-dollarization efforts by BRICS nations. The dollar has slumped 10% in 2025 and a further 2% in 2026—its steepest annual decline since 2017—as Russia shifts 90% of intra-BRICS trade to national currencies and the bloc amasses 1,100 tons of gold reserves.
The currency's decline reflects market unease over Trump's tariff-heavy trade policies and public clashes with the Federal Reserve, which has compounded pressure through interest rate cuts. This realignment occurs as BRICS central banks execute the largest gold accumulation in 70 years, signaling a structural shift in global reserve preferences away from dollar hegemony.
