Putin's 'Skyfall' Nuclear Missile Ready To Bomb? Trump's 'Nuke Sniffer' Scans Russian Bases
As global trade trembles under Donald Trump's latest tariff threats, Prime Minister Narendra Modi prepares for a high-stakes visit to China for the SCO Summit in Tianjin (Aug 31–Sep 1). This marks Modi's first visit to China since the 2020 Galwan clash, making it a crucial moment in India-China relations. But the backdrop has changed, Trump's aggressive tariff policies are threatening global supply chains, forcing major Asian powers, including India and China, to recalibrate. With possible meetings with Xi Jinping and Vladimir Putin on the sidelines, Modi must balance border tensions, regional security, and now a potential global trade crisis. Will Trump's economic aggression push India and China toward a new understanding? Or deepen the divide? As India walks a tightrope, this visit may redefine regional alliances and global diplomacy.#pmmodi #xijinping #india #china #modinchina #scosummit2025 #galwanvalley #indiavschina #putin #borderdispute #indiandiplomacy #chinavisit #sco2025 #modivisit #geopolitics #regionalsecurity #indiaforeignpolicy #breakingnews #trending #trendingnow #toi #bharat #toibharat #indianews
10.9K views | 7 hours ago
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Hindustan Times
17 minutes ago
- Hindustan Times
Trump-Putin Summit Hits New Snag As Venue Fight Breaks Out? Shocking Details Emerge On Ukraine Talks
Trump-Putin Summit Hits New Snag As Venue Fight Breaks Out? Shocking Details Emerge On Ukraine Talks
The Hindu
19 minutes ago
- The Hindu
Russia is not Iran, India can't cancel oil imports on U.S. demand: experts
India cannot cancel oil imports from Russia as it did six years ago with Iran and Venezuela, given the difference in the scale and importance of the relationship, said experts, warning that the U.S.'s actions against India were damaging the relationship built over decades. In 2018, U.S. President Donald Trump had in his first term, demanded that India 'zero out' its oil imports from Iran and Venezuela. India had eventually complied with the demand before the deadline in May 2019. On Wednesday, Mr. Trump signed an executive order levying a 25% penalty on top of 25% tariffs on Indian goods, unless India cut energy purchases from Russia, which currently make up more than 35% of its oil imports. The penalty would kick in by August 27 unless Russia stops the war in Ukraine. The threat is expected to add pressure on both India and Russia ahead of a meeting between Mr. Trump and President Vladimir Putin next week, and the upcoming visit by Mr. Putin to India for the annual summit with Mr. Modi. 'At the global level, Russia is not Iran,' former Indian Ambassador to the U.S. Arun Singh told The Hindu in an interview. 'We want Russia, as one of the major powers in the international context, to be an important partner of India, and there's a memory in India of Russia in the past having provided political support [and] ...defence technology that nobody else was willing to provide,' he added, also warning that if India were to cave in to Mr. Trump's demands, this would only increase the U.S.'s appetite to demand more concessions from India. According to scholar Brahma Chellaney, the U.S. move on Russian oil is a cover to strong-arm India into accepting trading terms the U.S. wants, including market access for agricultural products. '[Mr.] Trump is weaponising Russian oil purchases to force a largely one-sided trade deal on India,' said Mr. Chellaney, who is a Professor of Strategic Studies at the New Delhi-based Center for Policy Research and Fellow at the Robert Bosch Academy in Berlin. He pointed out that technically, the U.S. has not sanctioned Russian oil, nor has it subscribed to the European Union's latest price cap on it. Mr. Trump had also not penalised China, which is the world's largest importer of Russian oil. 'Cutting Indian purchases of Russian oil is unlikely to make him back off. He wants a trade deal on his terms,' Mr. Chellaney added. Until recently, India imported about 2 million barrels a day, and is the second largest importer of Russian oil. Mr. Singh pointed to the past 25 years as a period of building trust between the two countries, and a steady improvement in relations after the previous era, where India had seen the U.S. as a 'coercive and an unreliable partner' for its backing of Pakistan, the 1971 Bangladesh War intervention, and the 1998 sanctions on India for its nuclear tests. Since 2008, after the U.S. helped India win exemptions at the International Atomic Energy Agency and the Nuclear Suppliers Group for doing nuclear trade, he said this perception seriously changed. He also said that the U.S. had supplied drones and winter clothing to support Indian forces during the India-China stand-off at the Line of Actual Control at 'short notice'. 'But because of what President Trump has done in India, there's a resurrection of the old and bitter memories of the U.S.,' Mr. Singh who is a Senior Fellow at Delhi-based Carnegie India and a Professor at Ashoka University. 'So President Trump and the U.S. may feel that they are putting some penalties on India, high tariffs, I would say that they are putting high tariffs and penalties, less on India, and more on the U.S.-India relationship. It will take some time for the relationship to come out from this shock that has been generated', he added.
Hindustan Times
19 minutes ago
- Hindustan Times
Average US tariffs top 20%, back to 1910s levels: WTO and IMF
The US tariff rate now averages 20.1 percent, the highest level since the early 1910s -- except for a brief spike earlier this year -- after new duties took effect Thursday, WTO and IMF data showed Friday. Trump's "reciprocal" tariffs on the United States's main trading partners and subsequent escalations, particularly on Chinese goods, briefly drove the average rate to 24.8 percent in May. (Bloomberg) The figure, calculated by the World Trade Organization (WTO) and the International Monetary Fund (IMF), stands in contrast with the 2.4-percent rate in force at the time of President Donald Trump's inauguration on January 20. Trump's April 2 announcement of "reciprocal" tariffs on the United States's main trading partners and subsequent escalations, particularly on Chinese goods, briefly drove the average rate to 24.8 percent in May, a figure unseen since 1904, according to data from the United States International Trade Commission. A trade "truce" brought down sky-high tariff levels that the United States and China had imposed upon one another, but that is set to expire next week. The new figure by the WTO and IMF takes into account the trade deals the United States negotiated with the European Union, Japan, South Korea and other nations that have now come into force. It also includes the latest tariffs unilaterally applied by the United States on Brazil, Canada and semi-finished copper imports. These deals usually included lower tariff levels than Trump threatened in April but were higher than the baseline 10-percent rate the US introduced. The updated average tariff rate exceeds the nearly 20-percent rate that the United States applied in the 1930s, a period of high tariffs that economists widely consider behind the severity and duration of the Great Depression. However, the WTO and the IMF estimate the average rate, which is based on trade volumes, by applying the latest rates to 2024 trade volumes. Thus, it is an estimation as companies have already changed their behaviour by stockpiling and delaying purchases and may shift buying patterns or reduce imports in reaction to the new rates. According to the Budget Lab at Yale University, once changing consumption patterns and secondary effects are taken into account, the figure should fall towards 17.7 percent, provided Trump doesn't make any more shock announcements.
