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Russia Claims US Hegemony Declining Amid BRICS Rise

4/19/2026

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Story summary
  • Russian Foreign Minister Sergey Lavrov said at the Antalya Diplomacy Forum in Turkey that US hegemony is declining, giving way to China and India.
  • He attributed the shift to U.S. President Donald Trump’s tariffs, which he says have become a 10% universal rate on imports.
  • Lavrov said the U.S. dollar’s dominance is being challenged as BRICS nations explore alternative currencies.