Trump protects India's economy: No tariff war thanks to loyalty to the dollar!

Trump protects India's economy: No tariff war thanks to loyalty to the dollar!

Donald Trump pulls the trump card and spares BRICS member India from draconian tariffs! With a thunderous blow against Mexico, Canada and China, the US president unleashes a global tariff storm. But India, which cleverly brings the US dollar into play, emerges from the heated battle unscathed. How clever! As Trump makes waves against the rest of the world, India is deftly avoiding the perilous cliffs of de-dollarization.

India's Foreign Minister S. Jaishankar praises the new US administration and asserts that abandoning the dollar is not an option. “We stand firmly with the US dollar,” he announced defiantly to the press. The plan is clear: trades will be settled in local currencies if they comply with the agreement. What a clever move to secure Trump's favor! The Indian central bank chief Shaktikanta Das also enters the arena and makes it unmistakably clear: de-dollarization? None! A BRICS currency project? Just hot air at the moment, no decision made.

Thanks to this strategic masterstroke, India remains a winner in the global trade carousel - and shows that wise use of dollars can stir up a lot of dust, as the watcher.guru article makes clear. With the US dollar as a wild card up its sleeve, the Modi government remains at the forefront of the race for economic advancement.