BRICS must end dollar’s dominance – Lula
BRICS must end dollar’s dominance – Lula BRICS must end dollar’s dominance – Lula Brazil's President Luiz Inacio Lula da Silva. ©Getty Images/Anadolu via Getty Images Brazilian President Luiz Inacio Lula da Silva has said that the BRICS nations will not stop their de-dollarization efforts despite US President Donald Trump’s tariff threats and will continue to seek options to move trade from the greenback. Trump has issued numerous threats to BRICS since being elected last November. He has acknowledged that the bloc’s push to minimize dependence on the dollar in bilateral trade and promote national currencies undermines the dominance of the greenback, a tendency he seeks to resist. Speaking at a meeting of the group’s sherpas on Thursday, Lula said that Brazil’s BRICS chairmanship this year will strengthen the bloc’s push for a...