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		<title>Us tariff on India: &#8216;Rat&#8217;s elephant punching&#8217;, US economist on Trump&#8217;s tariff, said- BRICs will benefit</title>
		<link>https://fastnewsglobe.com/us-tariff-on-india-rats-elephant-punching-us-economist-on-trumps-tariff-said-brics-will-benefit/</link>
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		<pubDate>Fri, 29 Aug 2025 09:09:57 +0000</pubDate>
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					<description><![CDATA[<p>American Marxist economist Richard Wolf said that America is trying to become the world&#8217;s strict...</p>
<p>The post <a href="https://fastnewsglobe.com/us-tariff-on-india-rats-elephant-punching-us-economist-on-trumps-tariff-said-brics-will-benefit/">Us tariff on India: &#8216;Rat&#8217;s elephant punching&#8217;, US economist on Trump&#8217;s tariff, said- BRICs will benefit</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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<p style="text-align: justify;">American Marxist economist Richard Wolf said that America is trying to become the world&#8217;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&#8217;s India to tell what it has to do, it is as if a rat punched the elephant.</p>
<p style="text-align: justify;">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.</p>
<p style="text-align: justify;"><strong>BRICS gets indirect advantage</strong><br />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.</p>
<p style="text-align: justify;"><strong>G7 vs Bricks</strong><br />Wolf said in podcast that the world production share of BRICS countries is 35 percent. On the other hand, G7&#8217;s stake has come down to 28 percent. According to him, Trump&#8217;s policy of tariff and pressure is helping BRICS to become stronger and integrated economic blocks.</p>
<p style="text-align: justify;"><strong>Trying to dismiss BRICS</strong><br />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.</p>
<p style="text-align: justify;"><strong>Also read: Bullet train to semi-conductor, PM Modi from Japan will bring big gifts for India, quad in agenda<br /></strong></p>
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<p><a href="https://www.abplive.com/news/world/american-economist-richard-wolff-said-with-trump-tariff-on-india-is-shooting-itself-in-foot-3003454" target="_blank" rel="noopener">Source link </a></p>
<p>The post <a href="https://fastnewsglobe.com/us-tariff-on-india-rats-elephant-punching-us-economist-on-trumps-tariff-said-brics-will-benefit/">Us tariff on India: &#8216;Rat&#8217;s elephant punching&#8217;, US economist on Trump&#8217;s tariff, said- BRICs will benefit</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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		<title>Us tariff on India: &#8216;PM Modi should nominate Trump twice for Nobel &#8230;&#8217;, Why did former American NSA speak with the name of Pakistan</title>
		<link>https://fastnewsglobe.com/us-tariff-on-india-pm-modi-should-nominate-trump-twice-for-nobel-why-did-former-american-nsa-speak-with-the-name-of-pakistan/</link>
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		<pubDate>Thu, 14 Aug 2025 02:11:36 +0000</pubDate>
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					<description><![CDATA[<p>Former US National Security Advisor John Bolton has sharply criticized President Donald Trump&#8217;s tariff policy...</p>
<p>The post <a href="https://fastnewsglobe.com/us-tariff-on-india-pm-modi-should-nominate-trump-twice-for-nobel-why-did-former-american-nsa-speak-with-the-name-of-pakistan/">Us tariff on India: &#8216;PM Modi should nominate Trump twice for Nobel &#8230;&#8217;, Why did former American NSA speak with the name of Pakistan</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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<p style="text-align: justify;">Former US National Security Advisor John Bolton has sharply criticized President Donald Trump&#8217;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.</p>
<p style="text-align: justify;">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&#8217;s name for the 2026 Nobel Peace Prize. Pakistan had claimed that Donald Trump&#8217;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.</p>
<p style="text-align: justify;"><strong>Trump rescues and accuses India</strong><br />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. </p>
<p style="text-align: justify;"><strong>Trump&#8217;s attack on media and critics</strong><br />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.</p>
<p style="text-align: justify;"><strong>Effect on international diplomacy</strong><br />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.</p>
<p style="text-align: justify;"><strong>Also read: &#8216;America stands with us &#8230;&#8217; Jailonski said after a conversation with Trump, cooperation of European Union<br /></strong></p>
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<p><a href="https://www.abplive.com/news/world/former-us-national-security-advisor-john-bolton-accused-donald-trump-of-angering-india-and-damaging-bilateral-relations-said-should-nominate-for-noble-2995302" target="_blank" rel="noopener">Source link </a></p>
<p>The post <a href="https://fastnewsglobe.com/us-tariff-on-india-pm-modi-should-nominate-trump-twice-for-nobel-why-did-former-american-nsa-speak-with-the-name-of-pakistan/">Us tariff on India: &#8216;PM Modi should nominate Trump twice for Nobel &#8230;&#8217;, Why did former American NSA speak with the name of Pakistan</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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