10 ASEAN Countries Push Back Against the US Dollar
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The Association of Southeast Asian Nations (ASEAN) is strongly pushing back against the US dollar’s global hegemony. The alliance is looking to settle trade in local currencies and bolster their native economies and GDPs. The bloc is looking to advance the de-dollarization agenda and limit the usage of the US dollar in global trade. Not just the ASEAN bloc, alliances around the world have been pushing back against the growing hegemony of the US dollar. The Shanghai Cooperation Organization (SCO), the Commonwealth of Independent States (CIS), and the BRICS bloc are looking to cut ties with the USD.
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