After Trump threatens BRICS, Putin openly vows to save non-west nations'…|de-dollarisation,US,Russia

Published on Oct 18, 2025 02:28 pm IST

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.

RELATED VIDEOS

SFI Stages Protest Demanding Strict Action And Enhanced Women's Safety | HT India

1:07
SFI Stages Protest Demanding Strict Action And Enhanced Women's Safety | HT India
Published on Oct 01, 2026 03:41 pm IST

Netanyahu Meets Blood-Stained Passenger After Flydubai Flight Scare | ‘You Are The Hero’

1:26
Netanyahu Meets Blood-Stained Passenger After Flydubai Flight Scare | ‘You Are The Hero’
Published on Oct 01, 2026 03:11 pm IST

Delhi Records Lowest September AQI Since 2022, CAQM Data Shows | HT India

0:39
Delhi Records Lowest September AQI Since 2022, CAQM Data Shows | HT India
Published on Oct 01, 2026 02:56 pm IST

Syria Gas Pipeline Explosion Knocks 3 Power Plants Offline | Major Energy Disruption

0:17
Syria Gas Pipeline Explosion Knocks 3 Power Plants Offline | Major Energy Disruption
Published on Oct 01, 2026 02:41 pm IST
Notifications

Get breaking alerts directly from the newsroom

Notifications are on!You'll be notified when news breaks