US rates against the BRICS: What if it triggered the fall of the dollar?

Do Donald Trump's announcement of customs duties of 10 % on the BRICS countries relaunches a strategic debate: do the United States risk, wanting to defend its leadership, to accelerate dedollarization? Behind this commercial offensive is a deeper fracture, where emerging powers seek to break with the domination of the greenback. While geoeconomic tensions are intensifying, the question is not: would Washington be precipitating the questioning of the monetary order which it strives to preserve?

Customs prices: the announcement that fractures

While Trump threatens the BRICS with an unprecedented trade war for a few days, the tension has mounted a notch on July 10 when the economist Igbal Guliyev, affiliated to MGIMO University in Russia, warned the impact of an American tariff project targeting the members of the BRICS Bloc.

Reacting to Donald Trump's announcement to impose a 10 % tax on exports from group countries, Guliyev a declared :: “The countries of the BRICS set up a parallel architecture in the financial, technological and institutional fields, thus calling into question the existing status quo and the domination of the dollar”.

These words highlight a fracture that goes beyond the only commercial framework, to touch the central question of world monetary power.

For the Russian economist, this price offensive is not a simple economic dispute. According to him, she fits into him “A dynamic of general geopolitical realignment”. Far from isolating his targets, Washington could on the contrary accelerate their strategic coordination. Several concrete elements illustrate this reading:

• The BRICS are organized around a systemic alternative to current architecture, dominated by the dollar;
• Efforts are already underway to bypass the Swift system, considered too dependent on Western interests;
• China denounced these prices as a form of “Economic coercion”confirming an open fracture line;
• The BRICS do not react in isolation or impulsively, but develop a coordinated response, long -term thought.

This strategy could mark the start of a deep questioning of the current global economic order, according to Guliyev, for which the economy will soon be able to be dissociated from the global geopolitical issues.

Towards a structural alternative to the dollar?

The rise of a multipolar financial system is no longer a simple theoretical scenario. Igbal Guliyev underlines that the countries of the BRICS block could respond to this American offensive in a structured and proactive way: “The reaction of the BRICS will probably not only be given, but also strategic, of the acceleration of dedollarization to the creation of a new system of international regulations”.

These words reveal a long -term posture, where the objective is less to retaliate than to emancipate.

Concretely, several signals indicate that this transition is already underway. China has publicly qualified the prices of “Economic coercion”and discussions around payment systems independent of Western standards are multiplying.

According to Guliyev, “The world is entering a period of turbulence when non -economic factors will increasingly determine the economic future”. This sentence underlines the growing intrusion of politics into the international economy and the rise of an alternative order.

By bypassing traditional networks such as SWIFT and developing own regulations, the BRICS create the conditions for an independent monetary ecosystem of the dollar. In the medium term, this could weaken the ability of the United States to use its currency as a tool of geopolitical influence. If the United States hoped to contain the rise of emerging powers, on the contrary, it may precipitate a dynamic of global monetary dissociation. It remains to be seen whether this rocking will be in stability or in confrontation.