Donald Trump's latest flat 25% tariff on all Indian exports to the US seems to have rubbed New Delhi the wrong way, as the world's fourth largest economy has reportedly told US officials that India was no longer interested in buying its fifth-generation F-35 stealth fighter jets.
PM Mark Carney is re-considering Canada's enormous contract to purchase 88 F-35 fighters from the US and Moscow is said to have offered India, through Rostec and Sukhoi, a package deal for the new Su-57E fifth-generation stealth fighter and the Su-35M multirole aircraft. India increased oil purchases from Russia, an historic ally, to support Moscow's brutal invasion of Ukraine. Elon Musk tweeted his two cents in to the fracas: 'X'
Current India-Russia Partnerships in Joint Defence Manufacturing
Terrible idea to sell them one to begin with. They're S-400 operators.
Pres Trump's tariff policies seem to be changing how world trade works.
And, possibly, with the outcome he had hoped for with his transactional approach.
World trade seems to be moving to go around the US.
There's this ...
How BRICS is Silently Dismantling U.S. Dollar Dominance -- The Currency War No One's Talking About
medium.com
... BRICS isn't challenging America with bombs, but with banks. Here's how a new financial order is unfolding -- and why the U.S. is panicking behind closed doors. ...
We live in a world where power is often measured in armies, alliances, and military strength. But the most powerful weapon the United States has ever built isn't a missile " it's the U.S. dollar.
For decades, the dollar has been the world's default currency. Every nation, whether friend or foe, has needed dollars to trade oil, buy food, and stabilize its economy. It's the backbone of global trade, the ticket to international finance, and America's quiet source of global dominance.
But now, that system is under threat. And the challenge isn't coming from missiles or invasions " it's coming from BRICS.
The U.S. Dollar: America's Most Powerful Weapon (And Its Biggest Weakness) ...
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