Live: Trump, Putin Trade Blows Over BRICS, Dollar Dominance, and Global Economic Leadership #HindustanTimes
Live: Trump, Putin Trade Blows Over BRICS, Dollar Dominance, and Global Economic Leadership
President Trump and President Vladimir Putin offered sharply contrasting visions of global economic leadership and the future of the BRICS bloc in remarks made days apart. In Washington, Trump dismissed the push for “de-dollarization,” calling it an attack on U.S. financial dominance. “I like the dollar. I’m very strong on the dollar,” he told reporters, warning that any nation aligning itself with BRICS “would face tariffs on all their products.” Trump claimed his hard line caused several countries to “drop out of BRICS,” boasting that the group “doesn’t even talk about it anymore.” He emphasized that maintaining dollar supremacy is vital to American power, adding, “If I didn’t win this election, the dollar wouldn’t be your currency anymore.”
By contrast, Putin, speaking at the 8th Russian Energy Week in Moscow, described BRICS as a cornerstone of a new multipolar world order, emphasizing technological sovereignty and energy independence. He said Russia would “develop cooperation in the nuclear industry with Global South nations and within BRICS,” adding that such partnerships form “the backbone of future global energy balance.” He outlined an ambitious vision to double global nuclear capacity by 2050 and argued that Western economies, mired in “dishonest competition,” have lost credibility as reliable industrial partners.
#live #trump #putin #brics #dedollarization #globalsouth #nuclearenergy #tariffs #russia #uschina #worldeconomy
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