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China’s Xi Redraws Geopolitical Map With Embrace of Putin, Modi
Bloomberg Television· 2025-09-02 19:38
We had heard from President Trump over the long weekend when it came to the negotiations with India, saying that they had suggested that they could reduce their tariffs down to zero. But he didn't fully open the door that these discussions with India are going to reopen. And keep in mind, we have seen the Trump administration double tariffs to 50% the other week, 25%.Is that so-called reciprocal tariff rate stacked on top of that was that additional 25% over India's imports of Russian energy supplies. Now, ...
X @The Economist
The Economist· 2025-09-02 11:30
China’s president, Xi Jinping, is playing host to over 20 world leaders, including Vladimir Putin and Kim Jong Un. A more surprising addition to the guest list is India’s prime minister, Narendra Modi. Our foreign editor explains how Donald Trump’s chaotic trade war is pushing America’s friends towards China https://t.co/1hNCM4xYnr ...
X @Bloomberg
Bloomberg· 2025-09-02 09:12
President Donald Trump said India offered to cut tariffs, while New Delhi signaled it’s continuing to negotiate a trade agreement with the US https://t.co/cinEjRFmPc ...
X @The Economist
The Economist· 2025-09-02 05:40
In response to his humbling at the hands of Donald Trump, Narendra Modi could choose to accelerate long-needed changes at home. That might help India resist such bullying down the line https://t.co/yZDzxe3FsG ...
X @BBC News (World)
BBC News (World)· 2025-09-02 05:26
Trump says India offered to remove tariffs on US goods https://t.co/9RMod49z6w ...
Trump calls India-U.S. trade relationship 'a totally one sided disaster' after Modi visits China
CNBC· 2025-09-02 01:19
Core Viewpoint - U.S. President Donald Trump has criticized India's trade practices, labeling the trade relationship as "a totally one sided disaster" and highlighting the imposition of high tariffs on U.S. exports while India continues to purchase oil and arms from Russia [1][2][3]. Trade Relations - Trump stated that India had offered to cut tariffs to zero but criticized the timing of this offer, suggesting it should have been made years ago [2]. - The U.S. has imposed a 50% tariff on Indian exports, including a secondary duty of 25% for purchasing Russian oil, which India has deemed "unfair, unjustified and unreasonable" [2][5]. - Data from the World Trade Organization indicates that India imposed an average tariff of 6.2% on U.S. imports in 2024, while the U.S. levied an average of 2.4% on Indian goods [3]. Diplomatic Context - U.S.-India relations have deteriorated recently, reversing over two decades of improving ties, particularly due to India's imports of Russian oil [4]. - India's foreign ministry has pointed out the hypocrisy of nations criticizing India while engaging in trade with Russia themselves [5]. - The recent meeting between Indian Prime Minister Modi and Chinese President Xi Jinping at the SCO summit has raised concerns about the implications for U.S. interests in the region [6][7]. Strategic Implications - Experts suggest that improved relations between India and China could benefit both nations, although doubts remain about their potential for close partnership due to historical disputes [7]. - The U.S. is perceived to be losing the narrative in portraying China as the primary troublemaker, which may contribute to a more multipolar global landscape [8].
X @The Economist
The Economist· 2025-09-02 01:00
The falling out between America and India has prompted the emerging economic giant to think deeply about its present course. Where will things go next? https://t.co/O6nlUlDCvGPhoto: Getty Images https://t.co/FdvAWWZTXR ...
Can China Rival a US-Led World order?
Bloomberg Television· 2025-09-01 22:35
India's Narendra Modi, Russia's President Vladimir Putin, Pakistani Prime Minister Shabbaz Sharif. Leaders from around the world are gathered here in China for one of President Xiinping's landmark summits. It was the first time in years that leaders from Russia, India, Pakistan, and Iran came together seated with Xi at the same table.It's a sign of China's diplomatic might as it tries to lead a rival to the US-led world order. The summit offers Putin a chance to speak directly to Shei and Modi and tell them ...
X @Balaji
Balaji· 2025-09-01 20:50
DECOUPLING FROM DOLLARSThe US sends India billions in printed dollars for valuable goods. This is actually the US government ripping off India, like it does Vietnam, and everyone else, including its own citizens...not vice versa.To be precise: last year India exported $87B of valuable goods to the US for $42B of goods plus $45B worth of increasingly worthless dollars:That difference of $45B was, effectively, made up by money printing, which the Fed does at will:The current administration incorrectly thinks ...
Is Trump being played? ‘Unlikely’ Putin is going to give up on demands from Ukraine
MSNBC· 2025-09-01 18:23
Joining us now, Ambassador Michael Carpenter, former NYSE senior director for Europe. And Ambassador, first, what do you make of the timing of this gathering there in China and the message that these leaders are trying to send. Well, I think the timing is very fortuitous for uh Indian Prime Minister Modi because he's able to now leverage the fact that Trump has imposed these 50% tariffs on India and show up at this meeting as you said with President Putin of Russia uh with Xi Jinping of China and be seen as ...