India Distances Itself From BRICS To Secure Trade Deals With the US
BRICS member India is shielding itself from Trump’s tariffs by projecting it has no plans to challenge the US dollar. India is seeking to dodge Trump’s tariffs after he threatened to impose duties on countries that move away from the USD. India is now stressing that it has no intentions of ditching the greenback for global trade and transactions, reported Bloomberg. The move is to remain in the good books of Trump by not allowing him to impose tariffs on goods. Officials in New Delhi are closely monitoring the tariff changes and are informing the US authorities that they intend not to undermine the greenback. India, despite being a BRICS member since 2009 does not want to fall under Trump’s ambit of additional tariff policies. Also Read: BRICS Omits De-Dollarization & New Currency at 2025 Summit BRICS Member India Aims To Secure Trade Deals With the US Source: stimson.org Trump followed on with his threats by slapping Brazil with 50% tariffs on Wednesday signaling that...