Close Donald Trump allies like Steve Bannon say "the president is pissed every time he looks at the BRICS de-dollarization effort". The US government fears the Global South's challenge to the exorbitant privilege of the dollar. Trump is trying to make an example out of Brazil, threatening high tariffs to punish Lula da Silva, who promotes a multipolar world and a new global reserve currency. Ben Norton explains.

VIDEO: https://www.youtube.com/watch?v=MguxV2HZWVk

As Trump threatens BRICS, it grows stronger, resisting US dollar and Western imperialism: https://geopoliticaleconomy.com/2025/07/10/trump-threat-brics-us-dollar-western-imperialism/

Topics

0:00 (CLIP) Trump: "The dollar is king"

0:17 Western imperialists fear BRICS

1:20 Trump threatens tariffs on BRICS

1:37 Dedollarization enrages Trump

3:21 (CLIP) Trump's angry rant against BRICS

4:43 Schrödinger's BRICS

5:24 US officials demonize BRICS

6:00 Non-Aligned Movement

7:18 US divide-and-conquer strategy

7:58 (CLIP) Trump: divide Russia and China

8:16 US empire is failing

9:00 Trump attacks Brazil

10:07 Brazilian President Lula da Silva

10:52 Jair Bolsonaro, Trump ally

11:26 Bolsonaro's failed coup attempt

12:07 Elon Musk meddles in Brazil

13:00 US-sponsored coups in Latin America

14:29 Elon Musk: "We will coup whoever we want"

15:27 US-backed coups in Brazil

18:01 Brazil pushes back against US meddling

19:52 Multipolarity

20:35 Dedollarization

21:08 Gold

22:30 US empire's main weapon: the dollar

24:06 Sanctions: economic warfare

24:53 BRICS develops alternatives

25:30 End of US dollar's exorbitant privilege

27:29 Why Trump is afraid

28:46 Outro