Trump threat! India gives in: no turning away from the US dollar!

Trump threat! India gives in: no turning away from the US dollar!

Spectacle in international politics! Donald Trump is causing an uproar even before he officially takes office. The US President-elect is threatening the BRICS countries with 100% tariffs on their exports to the US if the plan to replace the powerful US dollar with a new currency is pursued. A clear message to the world - don't play with fire! Details on these developments can be found at watcher.guru.

Amid the heated discussions, India is pulling the emergency brake. The BRICS member, which traditionally has good relations with the USA, is saying goodbye to de-dollarization. Shaktikanta Das, the governor of India's central bank, made it clear that India is sticking to the dollar. “There will be no de-dollarization,” Das said. India's focus is to depoliticize trade and ensure economic security. Despite the big ideas within the BRICS community, reality seems to prevail in India for now, as an economic decoupling from the dollar would bring significant risks.