Brazil dials India while a section of Chinese media backs India in tariff wars
The term “Global South” is often used to describe nations that may be developing or underdeveloped, mainly in Africa, Asia, and Latin America. However, not anymore, with change in times these countries are becoming more prominent globally, pushing for a fairer world system and working together on development issues through what is being called ‘South-South’ cooperation.
In fact they are openly challenging the so-called wealthier countries of the “Global North,” primarily North America and Europe, on the basis of shared political, geopolitical and economic needs
Shift in equation
The shift in global wealth and influence towards ‘Global South,’ especially China and India, is something that US President Donald Trump needs to factor in while taking decisions like he has been in his 2.0 avatar, say analysts
In fact, a section of Chinese media backed India, saying that some Indians are now beginning to realise that what they thought was a strong partnership with the US may have only been one-sided, according to reports
The article titled ‘India’s strategic balancing hits the wall of US unilateral hegemony’ in a publication argued that India is being punished not for buying Russian oil but for not doing what the US wants, they added
World is changing
The article also hinted that in America’s eyes, India may never have been treated as an equal partner, just someone to use when convenient.
Trump on Wednesday issued an executive order slapping an additional 25% tariff on Indian goods as a penalty for buying Russian oil, doubling it to 50%.
After the new tariff, India now shares the top spot with Brazil, which is also facing a combined 50% tariff under Trump’s adjusted trade regime
India has already said that it will take “all actions necessary to protect its national interests” in response to US President Donald Trump imposing additional 25 percent tariff on Indian imports, taking the total tariffs to 50 percent,
Amid ongoing tariff tensions Trump, on Thursday Brazilian President Luiz Inácio Lula da Silva also dialled Prime Minister Narendra Modi with both leaders committing to deepening strategic partnership, including in trade, energy, tech, defence, health and more.
Meanwhile, National Security Advisor (NSA) Ajit Doval called on Russian President Vladimir Putin at the Kremlin on Thursday, the Kremlin press service said.
Doval is in Moscow for talks on bilateral energy and defence ties and to prepare the ground for Putin’s visit to India later this year, according to reports.
