India, Russia unite to boost payment ties amid Trump Dollar fear: ‘Making transactions easier for…’

As U.S.-India trade tensions heat up under Trump’s tariffs, New Delhi is striking back with a bold new plan. On August 24, India’s ambassador to Russia confirmed discussions on a simplified Indo-Russian payment system to help tourists and students. The move comes as India expands exports of cars, electronics, and IT goods to Russia while suspending parcel services to the U.S. amid Washington’s new customs rules. With Trump piling on tariffs and penalties over Russian oil imports, India’s pivot toward Moscow signals a major geopolitical and economic shift.