Trump reveals fear of attack on dollar by BRICS amid USA's tariff war

As Argentina moves toward dollarization under President Milei, Trump used his meeting with Milei to warn that relying on the U.S. dollar can shield Argentina from BRICS-led financial threats and Chinese influence. Trump urged Argentina not to deepen business ties with Beijing, insisting “China likes to draw wedges” and advocating for dollarization as a path to stability and greater alignment with the U.S.-led global order. Dollarization is touted to tame hyperinflation, attract investment, enforce fiscal discipline, and protect Argentina from currency volatility and strategic moves by the BRICS bloc.