Global Power Shift: India’s SCO Move and Rising Trade Wars Redefine World Order

Описание: #trendstream #globalpolitics
India Blocks Azerbaijan’s SCO Entry as Global Trade Tensions Escalate

At the Shanghai Cooperation Organization (SCO) summit, India strongly opposed Azerbaijan’s entry, citing alleged secret dealings with Pakistan in connection with the Pahalgam terror attack. India’s stance was backed by both China and Russia, highlighting a rare alignment among the three powers.

Meanwhile, U.S. Senator Marco Rubio announced Washington is ready for the next round of negotiations, but President Donald Trump maintained that American products entering India should face zero tariffs. In response, India doubled tariffs to 50% on certain U.S. imports, insisting it would not bow to pressure. Russia has stepped in to supply India with additional oil, further strengthening energy ties.

Analyst Einar Tangen criticized U.S. policies, calling them America’s “worst mistake” of belittling India and underestimating its strength. He warned that Washington’s aggressive tariff policy would inevitably backfire.

The U.S. administration has also introduced a 25% tariff on Indian goods, while Australia and Japan appear to be shifting toward Asian markets, reducing reliance on Washington. Japan’s planned $550 billion investment in the U.S. is reportedly being reconsidered through India’s mediation.

The dollar has weakened to its lowest level in years, amid reports of 1.2 million deportations planned in the U.S. The uncertainty has rattled investor trust in the greenback, pushing international gold prices sharply higher. The World Bank confirmed that global investment flows are now moving more into gold than into the dollar.

China has announced a fresh $88 billion investment into the BRICS Development Bank, with India and Russia supporting the idea of using BRICS Pay and even gold-based payments for trade among SCO members. Economist Zhang Ming suggested China should reduce its U.S. dollar foreign reserves, which have already dropped from $1 trillion to $700 billion.

Together, these moves signal a major shift in the global economic order, with India, China, and Russia consolidating their position against U.S. dominance.
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