Brics China Wants To Weaken The Us Dollar White House Says

Last updated: June 13, 2025, 02:19

Brics China Wants To Weaken The Us Dollar White House Says

Stephen Miran

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

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

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

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For a BRICS currency to

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

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

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

White House economist Jared Bernstein

Why the US cannot afford to lose dollar dominance

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

China wants weaker US dollar as reserve currency, says Biden