‘Trimurti’ will teach Trump a lesson
The two -day Shanghai Cooperation Organization (SCO) summit started in Tianjin, China, is considered very important this time. Leaders of 20 countries including India, China, Russia are participating in it. Meanwhile, PM Modi and Chinese President Xi Jinping also met. Xi clearly said that friendship and partnership is the right way for India-China. Russian President Putin is also present in this meeting. This summit is also special because US President Donald Trump has imposed heavy tax on the goods of many countries including India. In such a situation, all three big countries like India, China and Russia are getting closer to each other so that they can respond to America together.
America’s new way to fight tax
Actually, Trump’s tariff has stirred up the world’s business. Especially India is facing huge tax of up to 50 percent. Experts believe that this SCO conference has given a good message to investors and traders. Gaurav Goyal, the boss of Finocrate Technologies, says that India will no longer wait for a discount on America. Rather, in collaboration with the countries around it, new business and investment opportunities are being discovered. China and Russia are also opening their economy more for India, which will increase business. In this meeting, opportunities to work together in works like energy, infrastructure and payment will also be seen, which can be a matter of benefit for India.
PM Modi and Xi Jinping meet
All three will fail in front of all three
According to a report by the Times of India, the GDP of India, China and Russia is around $ 53.9 trillion, which is about one -third of the world’s total production. They also have a foreign reserves of about 4.7 trillion dollars, which is 38 percent of the global reserves. The population of these three is about 3.1 billion, that is, 38 percent of the total population of the world.
Talking about military expenses, these three countries together spend about fifth of the total defense budget of the world, which is about $ 549 billion. Apart from this, they take about 35 percent of the world’s energy consumption.
The three also have their own strengths, China is ahead in manufacturing, Russia is strong in the energy sector, and the economy of India’s service sector is growing rapidly. If these three countries come together, then the world’s unipolar strength i.e. the model of American dominance can become a multi -polar system, which will also increase the challenge of the US dollar.
America is also necessary for India
However, America is economically very important for India. In 2024, India’s exports to the US reached $ 77.5 billion. The number of Indian goods purchased by American consumers is steadily increasing. According to data from the US Trade Representative, the total trade between the US-India in 2024 was around 212.3 billion dollars, which is 8.3 percent more than the previous year.
Dophari sword is an alliance with China and Russia
For India, an alliance with China and Russia is a two -edged sword. It gives a platform to prevent US pressure, but there are also security concerns due to border disputes with China and Pakistan. Apart from this, the dependence on India’s American economy is still enough. At present, this trio points to a new global economic equation, where there is a possibility of standing firmly against the tariff of America.