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

Netanyahu's NATO 'enemy' takes aim on TV: Erdogan says…

4:3
Netanyahu's NATO 'enemy' takes aim on TV: Erdogan says Israeli ‘lies & sabotage’ killed Iran peace?
Published on Sep 08, 2026 08:19 am IST

Ukraine’s new plan to turn porn into war cash sparks controversy

10:48
Ukraine is considering a controversial new source of wartime cash as its battle against Russia drains state finances.
Published on Sep 08, 2026 01:34 am IST

German Chancellor Merz stumped as pro-Putin AfD storms to victory?

5:15
Friedrich Merz has delivered a stark response to the AfD's historic Saxony-Anhalt election result, admitting Germany had reached a “turning point” after his CDU suffered what he called its most serious defeat in decades.
Published on Sep 08, 2026 01:33 am IST

Xi sent 46 tons of cargo to help Putin make 1,300 drones?

8:11
China reportedly supplied Russia with enough specialised material to help manufacture around 1,300 Geran strike drones, potentially exposing another lifeline for Vladimir Putin's war machine.
Published on Sep 08, 2026 01:30 am IST

Breaking: Two Russian Su-35S fighters collided in Kursk Oblast

8:7
Breaking: Two Russian Su-35S fighters collided in Kursk Oblast
Published on Sep 08, 2026 12:22 am IST

Trump envoys’ peace visit flops? Putin unleashes 90+ drones on Ukraine

11:12
Trump envoys’ peace visit flops? Putin unleashes 90+ drones on Ukraine
Published on Sep 08, 2026 12:11 am IST
Hindustantimes wants to start sending you push notifications. Click allow to subscribe