India Confirms BRICS ‘Looking For Alternatives’ Despite Trump Tariff Threats Over Dedollarisation
Автор: Hindustan Times
Загружено: 2025-07-08
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Описание:
India On US De-dollarisation | BRICS | India On US Trade War | Trump Tariffs | BRICS On US Dollar Alternative | US News | News
India has confirmed that BRICS nations are actively exploring alternatives to the U.S. dollar for international trade, even as President Trump threatens 10% tariffs on countries challenging the greenback’s dominance. Indian officials stated that talks on mutual trade settlements in national currencies are underway, with interoperable payment systems being considered to connect BRICS markets. While India distances itself from a unified BRICS currency, it supports cautious diversification and greater use of local currencies to reduce dollar exposure. Despite Trump’s warnings, the bloc is doubling down on de-dollarisation efforts, signaling a major shift in global economic power dynamics.
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#BRICS #DeDollarization #India #Putin #Trump #GlobalTrade #DollarCrisis #Economy #CurrencyWar
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