The Kremlin dismissed claims that BRICS is designed to weaken the U.S. dollar, stressing that the bloc’s purpose is economic cooperation rather than targeting any currency. Moscow rejected Trump’s rhetoric linking BRICS to dollar confrontation and tariff threats, calling it inconsistent with the group’s actual agenda. The dispute highlights growing geopolitical tension over BRICS expansion and the future balance of the global financial system.
The Kremlin rejected Donald Trump’s assertion that BRICS is aimed at undermining the U.S. dollar, stating that the group has never pursued policies targeting third-party currencies. Russian officials emphasized that BRICS is focused on economic cooperation, development, and coordination among members rather than confrontation with existing financial systems.
Trump had previously framed BRICS as a threat to dollar dominance and linked the bloc to potential tariff measures, a narrative Moscow dismissed as misleading. The Kremlin reiterated that discussions within BRICS revolve around practical cooperation and alternative mechanisms, not an explicit anti-dollar agenda.
The exchange reflects broader geopolitical friction as BRICS expands its global role while Western leaders increasingly interpret its initiatives through the lens of currency competition and strategic rivalry.
https://www.reuters.com/world/china/kremlin-rejects-trumps-assertion-that-brics-targets-dollar-2025-10-15/