Trade An Incorrect Lever

US President Donald Trump’s decision to impose 25% tariffs on India might be rooted in political issues, as suggested by an SBI Research report. Despite months of trade deal talks indicating progress, a stalemate ensued, leading to Trump's recent tariff announcement and warnings over India's trade with Russia.

The Dangerous Crypto Push

The US administration's ambition to establish America as the crypto capital, amidst the frenzy around Virtual Digital Assets (VDAs), could undermine confidence in the US dollar. This move comes as the US seeks to reduce its trade deficit through various trade deals.

Aim to Rejuvenate BRICS Partnership Could Have Sparked Stalemate

India's strategic diplomacy and efforts to strengthen BRICS partnerships may have unsettled the US, contributing to the trade stalemate. Trump has criticized BRICS as anti-US, viewing it as a threat to the dollar's dominance.