Brics China Wants To Weaken The Us Dollar White House Says

Last updated: June 12, 2025, 00:47

Brics China Wants To Weaken The Us Dollar White House Says

White House economist Jared Bernstein

White House economist Jared Bernstein disclosed in Congress that there is some evidence that “China wants the U.S. dollar to lose its position” as the world’s reserve

'Any country that tries': Donald Trump warns China

Why the US cannot afford to lose dollar dominance

BRICS: China Wants to Weaken the US Dollar, White House Says

BRICS Currency Could End Dollar Dominance - Foreign

De-Dollarization: BRICS Currency Would Pose a Threat

Trump: ‘BRICS is dead,’ threatens 100% tariff if group

Biggest Threat Call to US Dollar From Top Countries

China wants weaker US dollar as reserve currency, says Biden

For a BRICS currency to

There was some evidence that China wants the dollar to weaken as the international reserve currency, said a White House nominee for a top economist position on

For a BRICS currency to work, China would need to provide massive amounts of yuan as a global “liquidity spigot,” similar to how the U.S. provides and supports

‘You’ll feel it’: How Trump’s policies are hammering the dollar

In a statement issued today

In a statement issued today, White House economist, Jared Bernstein says there is “some evidence” that China wants to weaken the US dollar. Moreover, Bernstein

Stephen Miran, who leads the White House Council of Economic Advisers, says the global demand for dollars has created “undue burdens on our firms and workers

Why a BRICS Currency Won’t Replace the Dollar Anytime Soon