Former RBI Governor C Rangarajan on Friday said that certain economic policies of US President Donald Trump not only brought global economic trends to a standstill but were also self-destructive for the North American nation.

Addressing the 15th Convocation of Icfai Foundation for Higher Education here, Rangarajan, without naming BRICS,  said the emergence of different blocks of countries within which trade is freer is inevitable, but the ultimate goal must be one large world with free trade.

"The world today is in a flux. The pursuit of certain economic policies by President Trump has brought world trade to a standstill. Hopefully good sense will prevail and the policy makers in the US will realise the policies they want to pursue are self-destructive. India is the worst hit," he said.