India Seeks to Dodge Trump’s BRICS Wrath
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India Today on MSNAs BRICS debates reducing dollar dependence, why India is walking a fine lineNew Delhi's core demand: build alternatives that are interoperable and don't just replace the US dollar with another hegemon
GTRI reports US economic actions are pushing countries towards dollar alternatives for trade, highlighting the shift in global payments and the implications for BRICS nations.
US President Donald Trump has proposed a 10 per cent tariff on all BRICS nations for conducting trade in non-dollar currencies, overlooking that such moves were prompted by Washington's own economic and geopolitical actions,
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ABP News on MSNIndia ‘Will Have To Pay 10%’ Tariff: Trump Claims BRICS Trying To ‘Destroy Dollar’, Will Have To ‘Pay Big Price’Trump accused the BRICS alliance of trying to undermine the US dollar's global dominance, threatening consequences, including 10 per cent tariff on India. He asserted the dollar's importance and vowed to maintain its status.
The Trump administration will not immediately impose a new 10% tariff against members of the developing nation BRICS bloc, but will proceed if countries take so-called "anti-American" policy actions,
President Donald Trump said at least seven countries can expect tariff letters on Wednesday morning, as he ramped up pressure on nations to strike deals with the United States by saying his new August 1 deadline would not be extended.
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