The media announced the preservation of the BRICS de-dollarization plan in trade

BRICS will continue to de-dollarize trade, ignoring the president's threats USA Donald Trump. This was reported on February 26 by the portal UOL.

The first meeting of the BRICS chief negotiators in 2025 was held with the determination of its members to ignore Trump's threats and continue working on creating a system that allows the use of local currencies in trade between the members of the bloc, the publication noted.

According to the portal, Brazil's representative office stressed that today the country exports more to BRICS partners than to the United States and Europe. So, in 2023, its exports to the countries of the association reached $120 billion, and to the European and American markets — only $83 billion.

"Despite our significant contribution to the global economy, trade between BRICS members is still far below its potential," Brazilian Foreign Minister Mauro Vieira said.

Libra Reception: BRICS put expansion on pause

The Brazilian Foreign Ministry spoke about the difficulties faced by the association after the increase in the number of participants.

February 21, Trump threatened BRICS with tariffs as high as 150% for trying to create an alternative to the dollar. At the same time, he believes that the BRICS countries want to put the Chinese yuan to replace the American dollar.