Trump’s Neo-Monroe Doctrine Targets BRICS Currency Challenges

Source: ZeroHedge | Original Published At: 2026-01-16 04:50:00 UTC

Key Points

• Trump administration threatens 100% tariffs on BRICS nations developing alternative currencies to the US dollar
• BRICS has explored gold-backed currency proposals and non-dollar trade settlement systems at recent summits
• US views BRICS expansion as direct threat to dollar hegemony and global financial leverage
• Venezuela policy shifts framed as protecting petrodollar system amid BRICS energy market challenges
• Dollar's share of global reserves fell from 70% (2000) to 60% amid BRICS-led de-dollarization trends