American Marxist economist Richard Wolf said that America is trying to become the world’s strict country against India, but in reality this step is disastrous for itself. He said that according to the United Nations, India is now one of the largest countries in the world. America’s India to tell what it has to do, it is as if a rat punched the elephant.

US President Donald Trump has implemented 50% tariff on India. This fee is double the rates already existing. India buys oil from Russia. Because of this, the US has set up 25 per cent tariff separately, which the Washington Ukraine considers the strategy to stop war. However, India has criticized the move and called it a decision taken wrong and without thinking.

BRICS gets indirect advantage
Richard Wolf explained that India will change its strategy with this move of America. He said that if America closes its way for India, then India will find another place to sell its things. India can now shift the export of its equivalence to BRICS countries, such as Russia, China, Brazil, South Africa and recently joined new members (Egypt, Ethiopia, Indonesia, Iran, UAE). Meanwhile, BRICS aims to challenge Western financial dominance and find a dollar option.

G7 vs Bricks
Wolf said in podcast that the world production share of BRICS countries is 35 percent. On the other hand, G7’s stake has come down to 28 percent. According to him, Trump’s policy of tariff and pressure is helping BRICS to become stronger and integrated economic blocks.

Trying to dismiss BRICS
Trump has many times rejected BRICS as a small group. In February, he said that the BRICS is over. He also threatened that if the BRICS makes its currency, then the US would impose 100% tariff. Wolf said that India has an old and complex relationship with America since the Soviet period. He warned America believing that India is like another small country, but it is a completely different rival. This step can not only remove India from America, but can also create a new economic and political balance in Asia.

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Former US National Security Advisor John Bolton has sharply criticized President Donald Trump’s tariff policy applied to India. He said that heavy tariffs imposed on India are a big mistake in bilateral relations. The US has imposed a total of 50 percent tariff on India, out of which 25 per cent has been implemented on August 7, the second 25 per cent has been imposed on purchasing oil from Russia, which will be applicable from August 27. On this, Bolton said that due to tariffs, trust between the two countries has suffered a setback.

Interestingly, Bolton also mentioned Pakistan in his statement. He jokingly said that Prime Minister Modi can offer Trump to nominate Trump twice for the Nobel Peace Prize. In June, the Government of Pakistan formally recommended Trump’s name for the 2026 Nobel Peace Prize. Pakistan had claimed that Donald Trump’s decisive diplomatic intervention played an important role in the India-Pakistan struggle. However, India has completely dismissed that America has played a role in the ceasefire of India-Pakistan.

Trump rescues and accuses India
Defending the decision related to his tariff, Trump claimed that India is buying a large amount of oil from Russia and selling it on profits in the international market. He wrote on social media platform Truth social that India does not care that this money is strengthening Russia in Russia-Ukraine war. At the same time, Bolton said that China is also buying Russian oil, but such tariffs or secondary restrictions were not imposed on Beijing.

Trump’s attack on media and critics
Trump attacked the media over the coverage of the meeting with Putin in Alaska and taunted that even if he gets Moscow and Leningrad from Russia, the media will criticize him. He dismissed his statements, calling John Bolton a fool.

Effect on international diplomacy
Heavy tariffs on India are not only affecting bilateral trade, but are also causing tension in international diplomacy. Experts believe that if this dispute is prolonged, it can also affect defense cooperation, technical partnership and Indo-Pacific strategy.

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Us tariff: US President Donald Trump has shook the global market by placing heavy tariffs on the imports of many countries of the world. The possibility of inflation has increased again due to this counter -duty duty imposed on April 2, 2025. With this, those working abroad and students may have to face challenges in the coming time. This may have an impact, especially those who are thinking of studying or going to America, UK, Australia, Canada, New Zealand and China.

America’s important increase in import tax rate

Talking to business standard about this, Immigration Lawyer Prashant Ajmera of Jamera Law Group said, “America,” The economic picture can completely change for those who plan to go for study or job in countries like Britain, Australia, Canada, New Zealand or China. “Fitch Ratings said that the American Import Tax Ratings has increased by 2.5 per cent in Trump’s tenure. It was last seen around 1910.

American tariffs will have serious results

The US has imposed tariffs at the rate of 54 per cent on China’s imports. Now China and as well as the European Union have also threatened to retaliate. “Its results will be terrible for millions of people around the world,” said European Union head Ursula von Dere Leyen. “French Prime Minister François Bayaru called it a ‘disaster” for the United States and American citizens.

Import will become expensive due to tariff. This will affect not only Americans, but also on international students as well as immigrants. Prashant Ajmera further says, “Indian students who are more dependent on Chinese products will become more expensive because tariffs will increase the price of things.” He also warned that if retaliation is taken against the US, then the US can also answer it through sorting. He said, “Non-resident, H-1B visa holder and students on OPT can be first affected.”

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