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India Tiptoes Around BRICS Tariffs as U.S. Trade Deal Hangs in Balance

How Gold and Silver Safeguard Your Portfolio from Inflation
How Gold and Silver Safeguard Your Portfolio from Inflation

India is walking a diplomatic tightrope as President Trump ramps up tariffs on BRICS countries and accuses the group of trying to undermine the U.S. dollar. While Trump has threatened a 10% tariff on all BRICS members — including India — New Delhi is distancing itself from anti-dollar efforts and positioning itself as a neutral player focused on reducing risk, not de-dollarization.

India’s strategy: stay quiet on Trump’s rhetoric, avoid public criticism, and emphasize its lack of interest in a joint BRICS currency. Officials hope this stance — along with India’s long-standing strategic ties with the U.S. — will shield it from future tariffs as the two nations near a long-awaited trade deal.

With India set to chair BRICS in 2026, the challenge will be balancing its role in the bloc with maintaining strong ties to Washington — especially as the U.S. eyes the region as a counterweight to China.

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