Facing the intensifying global trend of "de-dollarization," Americans are getting anxious.

Recently, Trump made a tough statement at a campaign rally, saying he would make countries that no longer use the US dollar pay a heavy price and impose a 100% tariff.

At this critical moment of running for president, Trump's dropping of such a bombshell actually represents the mindset of Americans to a large extent.

Which countries does Trump refer to when he says they no longer use the US dollar?

The BRICS payment system is on standby, is Trump going to take action against the BRICS countries?

Today, let's talk about these issues.

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Although Trump did not directly name names at this campaign rally, the direction is very obvious.

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At the BRICS summit in August last year, China, India, Brazil, Russia, and South Africa, the five BRICS countries, discussed the issue of de-dollarization.

Moreover, there is news that at the upcoming Kazan BRICS summit at the end of October this year, the BRICS countries will vote on a new BRICS payment system, with the aim of helping BRICS members and even more countries to avoid the US financial system in future transactions.

With the BRICS countries de-dollarizing, Trump naturally points the spearhead at the BRICS countries.

For the United States, the dollar hegemony is not only the sickle for the United States to reap the world, but also the cornerstone of the US economy.

On the one hand, the United States relies on the dollar hegemony to issue debt madly, and the scale of US debt continues to soar, which is equivalent to making the whole world pay for the extravagant life of Americans.

As for the soaring US debt, the United States has never intended to repay it from the beginning.

On the other hand, the United States also creates dollar tides through the dollar hegemony to reap globally.

In simple terms, the Federal Reserve first lowers interest rates, and the dollar flows to all parts of the world to buy, especially those underdeveloped areas with higher investment returns, which are usually the focus of dollar capital.

Subsequently, the Federal Reserve begins to raise interest rates, and dollar capital flows back to the United States with huge profits, causing a dollar shortage globally.

Some countries may even suffer from currency collapse and economic collapse as a result, and will eventually be taken advantage of by dollar capital to scoop up all kinds of high-quality assets.

The cycle is repeated, completing the reaping again and again.

However, when the US dollar is frequently used as a financial weapon by the United States to mow the global leeks, the credit of the US dollar is also going bankrupt step by step.

The root of Trump's tough statement this time lies here: the United States has dug its own foundation of the US dollar, and the current US dollar is already "surrounded on all sides," and its dominant position is continuously weakening.

Trump emphasized at this campaign rally that the US dollar is being "besieged," hoping that the US dollar will continue to maintain its status as the world's reserve currency.

"If you don't use the US dollar, you can't do business with the United States, because we will impose a 100% tariff on your goods."

It should be noted that Trump is not just talking this time.

He has discussed with his economic advisors for several months, trying to find a way to punish countries that no longer use the US dollar for trade.

Including export controls, exchange rate manipulation charges, and tariffs, are all within Trump's consideration.

At present, Trump's concerns are not unreasonable.

In recent years, the proportion of the US dollar in global foreign exchange reserves has continued to decline.

In 2016, the proportion of the US dollar was 65%, but now it has dropped to 59%, which is equivalent to a decrease of 1% per year.

However, the status of the US dollar as the world's largest reserve currency has not changed.

Why does Trump say that the US dollar is being "besieged"?

The main reason is that the world has been suffering from the US dollar for a long time, and everyone is looking for a substitute for the US dollar.

In the past, the US dollar was absolutely linked to oil.

If you want to buy oil, you have no choice but to use the US dollar, which is equivalent to having no energy without the US dollar, and there is no talk of economic development.

But now the commodity market has undergone significant changes, and non-US dollar currencies are being used a lot in oil transactions, and there are signs of division in the global payment system.

In addition, the BRICS payment system, which is highly expected by the BRICS countries, is also likely to cause a fatal blow to the current US dollar hegemony.

It should be noted that, calculated by purchasing power parity, the BRICS countries now account for one-third of the global GDP, surpassing the G7, and their influence cannot be underestimated.

Once the BRICS payment system is launched, it will not only help the BRICS countries to greatly reduce their dependence on the US dollar, but also may be welcomed by countries outside the BRICS countries.

From this perspective, it is not surprising that Trump is "anxious" and wants to impose a 100% tariff on countries that do not use the US dollar.

Everyone is de-dollarizing and establishing a new payment system, and Trump is preparing to punish these countries by imposing tariffs.

In short, if you dare not use the US dollar, that is, you are not ready to do business with me, then fine, impose a 100% tariff, either use the US dollar or say goodbye to the US market, choose for yourself!

It has to be said that this all-or-nothing multiple-choice question is very "Trump."

But the key here is, does such an extreme approach really work?

On the one hand, in recent years, the United States has been plagued by inflation, and has not yet completely gotten rid of the shadow of inflation.

Under the global economic integration, the forced imposition of high tariffs is a double-edged sword, which not only hurts other countries but may also reignite the flames of inflation in the United States.

Even the United States may not be able to bear it.

On the other hand, extreme approaches often lead to stronger resistance, and de-dollarization is no exception.

The root of the current global wave of de-dollarization is that the United States relies on the US dollar hegemony to act recklessly, harming the interests of most people, and when the time is ripe, de-dollarization is naturally justified.

Now Trump is going to the extreme again and is preparing to wave the big stick of US dollar hegemony.

Just think about it, if not now, when will de-dollarization happen?

Do you want to live in the shadow of US dollar hegemony forever and act as the leeks in the US leek field to be harvested at will?

So we can boldly draw a conclusion: if Trump does what he says, then the speed of global de-dollarization in the future will further accelerate, and imposing tariffs is a move that undermines its own foundation.

In the end: not using the US dollar means being imposed a 100% tariff by the United States, which is a typical American "bandit mentality."

Of course, in the long run, this may be a good thing for us, as the speed of de-dollarization continues to accelerate, and the progress of the internationalization of the renminbi will inevitably climb several levels.