NEW DELHI: Congress MP Shashi Tharoor dismissed US President Donald Trump 's tariff threats against Brics nations , labeling them "a bit empty", citing the absence of plans to introduce an alternative to the US dollar . Tharoor described the dollar as a "practical convenience" for most nations, indicating that Brics has not made a substantial proposal to establish an alternative currency . Addressing Trump's tariff threats, Tharoor said, "I heard this comment by President Trump.
But, the fact is there is no serious proposal for the Brics to come up with an alternative currency to the dollar. The dollar is a practical convenience for most countries in the world." "There may have been some discussion, and we certainly have in the past had some examples of Rupee-Rubel trade with Russia, Rupee-Riyal trade with Iran, and so on.
So, that's not impossible. An alternative international currency. I don't think there is any particular plan whatsoever to do that.
And therefore, the threats of the president seem a bit empty because it's only if there is an actual proposal that comes up and that countries like India are taking it seriously. I don't see any support in the Indian government for such a proposal. So, until that happens, why should we worry," he added.
Tharoor's comments come after Trump's renewed warnings to Brics nations regarding potential currency alternatives. Trump warned on Truth Social: "The idea that the BRICS Countries are trying to move away from the Dollar, while w.