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Russia seeks U.S. dollar trade ties via deal with Trump, reversing de-dollarization amid sanctions and political barriers.
In early 2026, Russia is reportedly exploring a return to the U.S. dollar settlement system through a potential economic agreement with former President Donald Trump, according to a Kremlin memo.
The proposal, focused on energy and critical raw materials, marks a reversal from Russia’s de-dollarization efforts since 2022.
It aims to revive trade ties, boost access to global markets, and stabilize the ruble, though significant hurdles remain due to sanctions, geopolitical tensions, and U.S. political resistance.
The move could strengthen the dollar’s global role and challenge BRICS’ efforts to reduce reliance on it.
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Rusia busca lazos comerciales en dólares estadounidenses a través de un acuerdo con Trump, revirtiendo la desdolarización en medio de sanciones y barreras políticas.