Jaishankar responds to Trump’s ’find another s*cker’ threat: No interest in weakening US Dollar
In response to Trump's 100% tariffs on BRICS, Jaishankar stated India does not wish to weaken the US dollar. He recalled a strong relationship with the Trump administration and mentioned the QUAD's reestablishment during Trump's term.
External Affairs Minister S Jaishankar responded to US President-elect Donald Trump's claim to impose 100 per cent tariffs on BRICS nations, saying that India has "no interest" in weakening the US dollar.
He highlighted the connection between Prime Minister Narendra Modi and Donald Trump and stated that US is India's largest trade partner.
"There is a personal relationship between PM Modi and Trump...Where the BRICS remarks was concerened. We've always said that India has never been for de-dolarisation, right now there is no proposal to have a BRICS currency. The BRICS do discuss financial transrations...US is our largest trade partner, we have no interest in weakning the dollar at all," Jaishankar said at the Doha Forum on Saturday.
Jaishankar also reminded that the QUAD was started under previous Trump administration, emphasizing the relationship between India and US.
"We had a good relationship, a very solid relationship with the first Trump administration, yes there were some issues mostly trade related issues, but there were a whole lot of issues on which Trump was very international, and I remind people that it was actually under Trump that the QUAD was restarted," he said.
Jaishankar participated in a panel titled 'Conflict Resolution in a New Era' at the 22nd edition of the Doha Forum. Qatar Foreign Minister Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani and Norway Foreign Minister Espen Barth Eide were also present.
Also Read | Should Brics worry about Trump’s threat?
Jaishankar also spoke on the Russia-Ukraine war and the rising tensions in West Asia.
While speaking on the Russia-Ukraine war, he said, "...The general sort of needle is moving more towards the reality of a negotiation than the continuation of the war...In the last few weeks and months, I've even seen this sentiment expressed by major European leaders, who are actually telling us, please keep engaging Russia and engaging Ukraine. We welcome that. So we do think that things are moving somewhere in that direction..."
Also Read | Trump’s 100 per cent tariff threat on BRICS: Need to see if US law permits sanctions: Ex-RBI Guv
Jaishankar emphasised that the tensions in West Asia have led to trade disruptions.
“There is a larger regional instability which is actually growing month on month. It is impacting. As a country on that side of Asia, we are feeling the impact of this. We're feeling it in shipping costs. We're feeling trade disruptions. We could see it in radicalization. Today, instability anywhere actually is a source of concern,” he said.
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Business NewsNewsWorldJaishankar responds to Trump’s ’find another s*cker’ threat: No interest in weakening US Dollar
First Published:7 Dec 2024, 08:38 PM IST
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