After Trump’s tariff, Russia, China and India have come on one platform, due to which the politics of the world has started changing very fast. The way the leaders of the three countries are meeting one by one, they seem to be diplomatic etiquette to see, but this alliance is indicating a global superpower, causing the entire trump administration to panic.
Russian President Vladimir Putin is going to visit India by the end of 2025, while Prime Minister Narendra Modi will go to China for the Shanghai Cooperation Sangathan (SCO) summit. This will be PM Modi’s first visit to China after the year 2018. According to experts, Trump’s tariff is not expected to have any significant impact on the existing global commodity trade.
World politics changing with Trump’s tariff
According to experts, Trump’s tariff is not expected to have any significant impact on the existing global goods trade, as we are not living in an economy where only one country is dominated by most parts. Ever since the World Trade Organization (WTO) has been established, the world has changed with the trade. However, the tariff of Trump can definitely see a change in geopolitics. This is the reason that all three China-Russia and India are on a platform today. Excessive dependence on US dollar in the global economy is also a reason for increasing friendship between these three countries.
54 trillion dollar global superpower will be born
According to Live Mint report, Manish Bhandari, the founder of CIIA and Vallam Capital, said, “India, China and Russia have dominated the global stage in the world with 8.2 billion people and $ 173 trillion power. Their gross domestic product (GDP) is $ 53.9 trillion, which is about one-fourth of the world’s economic production from the world. Although this step of the White House is trying to separate these three countries.
He said, “India-China-Russia together export $ 5.09 trillion, which is about fifth of Global Commodity Export. It passes through many Mahadwips, which promotes world trade. It adds billions of people through innovation, technology, industry. In the current time, the target is highly dependent on the US dollar and the trump has the same purpose to maintain the trump. Is from
After the trade war, now currency war
The US administration is trying to reprimand all the countries that have directly or indirectly supported the de-dollarization campaign of Russia and China. Basav Capital founder Sandeep Pandey said, “After the US and European countries banned Russia, India and China bought Russian crude oil in local currency, helping them to deposit more dollars in their reserves. Hopefully it is hoped that this will help them in currency warns amidst increasing tension of trade war.”
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Ramesh Ghorai is the founder of www.livenewsblogger.com, a platform dedicated to delivering exclusive live news from across the globe and the local market. With a passion for covering diverse topics, he ensures readers stay updated with the latest and most reliable information. Over the past two years, Ramesh has also specialized in writing top software reviews, partnering with various software companies to provide in-depth insights and unbiased evaluations. His mission is to combine news reporting with valuable technology reviews, helping readers stay informed and make smarter choices.