Indian & Global Economy | Geopolitics | Decoding GDP, Banking, Finance, Tariffs & Markets
Who is Next? Russia, Chana or India
Afghanistan Pakistan Conflict and the USA
The manner in which Pakistan has provoked Afghanistan and initiated unilateral aggression against Afghanistan clearly suggests that Pakistan received orders from US President Donald Trump to do so. Presently, President Trump has been showing his keen interest in Bagram Airbase. Pakistan is trying to please the American President by sacrificing its soldiers.
This conflict will likely drag on for longer than expected, and then, in the name of peace, the US will jump in and seize Bagram Airbase! If it happens in the future, Pakistan will not only fully cooperate with the US in this endeavour but will also put in all its efforts. Afghanistan has been cosying up to India, and it is upsetting for Pakistani establishments. They are not just uncomfortable but want to reverse it as soon as possible. However, at present, post Operation Sindoor, Pakistan is in no position to directly stop India in Afghanistan, so the best option left for it is intervention by the US which wants to get back to Afghanistan through Bagram Airbase.
Taliban's Moral Position is not India's Burden
Trump Unnecessarily Playing Victim Card
As far as the US trade deficits with its trading partners are concerned, there are some interesting and unusual facts.
US-India trade (exports and imports) was $212 billion in 2024, and a trade deficit of $41.5 billion. The US deficit with China is $270 billion, which is 128% of the total trade between the US and India. The US trade deficit with India is nearly one-fifth of the US trade deficit with China.
With the EU, this deficit is $161 billion, about four times that of the deficit with India. With other countries like Mexico, Vietnam, Taiwan, Japan, South Korea, Canada and Thailand, the US trade deficit is respectively $157 billion, $113.1 billion, $67.4 billion, $62.6 billion, $60.2 billion, 54.8 billion and $41.5 billion.
Anything But China
America's new motto is 'Anything But China'. Considering the dominating personality of the US President Trump which is more consistent with the US’s image of Inspector, the present day US seems to be quite against Chinese hegemony in manufactured goods which dominates not only the US markets but the whole world ignoring the fact that it is the US who allowed China to create manufacturing hegemony to just keep dollar as only global exchange and reserve currency. However, a lot of water has gone through the rivers, and China aspires to become the new Inspector of the world and the US is not liking this!
President Trump started a trade war against China in 2018, which couldn’t achieve much for the US. However, in this, he seems to be determined to tame China by imposing high tariffs on Chinese goods. In response to the US tariffs, China announced retaliatory tariffs against the US to counter the 2nd April announcement of the US President and has been caught red-handed. The US has increased the tariffs on Chinese goods to 125%. The US has retaliated against every country that has increased tariffs against the US when it pushed a 90-day pause button on the implementation of the reciprocal tariffs. However, if the world sustains this shock, it will accelerate the de-dollarisation movement, and this movement will gain momentum as the US has indirectly announced that it doesn’t want to be the big brother of inspector of the world!






