Former US President Donald Trump recently made headlines for calling Prime Minister Narendra Modi a “great guy” and highlighting their past efforts toward a trade deal. At the same time, he took a sharp dig at the BRICS group—particularly its economic steps that he sees as undermining the US dollar. The contrast in tone is raising eyebrows, especially in the backdrop of global economic power shifts.
Let’s break down what Trump said and why it matters for India.
Friendship with Modi, But No Trade Deal Yet
Trump acknowledged that during his presidency, there were ongoing negotiations with India over tariffs and a broader trade agreement. He admitted that while both sides tried, the deal never got finalized. He described Modi as someone he “likes a lot” and praised their mutual respect.
However, he stopped short of making any commitments on future deals, instead bringing the focus to global currency politics.
Trump’s Real Issue: The BRICS Currency Push
Trump’s bigger concern seems to be the BRICS alliance—Brazil, Russia, India, China, and South Africa—especially their interest in reducing reliance on the US dollar. He called it a direct challenge to the US, hinting that any attempts to create alternative trade systems could damage American economic dominance.
His words were less about India alone and more about the shift he sees globally—one that threatens the dollar’s central role in trade.
What This Means for India’s Position
India, while being part of BRICS, has always maintained a careful balance in its foreign relations. On one hand, it seeks to strengthen regional alliances; on the other, it continues to engage deeply with Western powers like the US.
Trump’s remarks put India in a delicate spot. It shows that even if personal rapport with leaders like Modi is strong, the larger strategic moves—like BRICS exploring a common currency—can raise friction.
For Tier 2 city readers, this could mean indirect impacts in the long term, like shifts in international pricing, currency rates, and trade policies that trickle down to businesses, importers, and the local economy.
Conclusion: Balancing Friends and Forums
Trump’s comments highlight a reality India has always dealt with—navigating multiple global alliances while protecting its own interests. As BRICS grows more vocal on economic independence, and as leaders like Trump watch closely, India will have to walk a tightrope: keeping global friendships intact without being seen as choosing sides.
Whether it’s trade deals or currency coalitions, what’s clear is that India’s global positioning is being noticed—and tested.