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Trump says a weaker dollar benefits the United States as BRICS nations gain strength

Trump says a weaker dollar benefits the United States as BRICS nations gain strength

币界网币界网2026/02/03 10:12
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According to a report by Bijie Network: The US dollar has fallen to its lowest point in four years and is expected to decline by nearly 10% in 2025. So far in 2026, it has already dropped by 2%, marking the largest annual decline since 2017. President Trump has welcomed the depreciation of the dollar, which differs from traditional Republican policies, believing that a weaker dollar benefits business and exports. The depreciation of the dollar coincides with the BRICS countries accelerating their de-dollarization process; the group has reduced its official US dollar reserves to 56.92% and plans to launch the BRICS payment system by the end of 2026. While the depreciation of the dollar has enhanced the competitiveness of US exports and boosted tourism, it has also increased import costs and inflationary pressures, raising concerns that this may accelerate the global trend away from US dollar dominance.
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