Kumar Bahukhandi
If India-China and Russia come together, what will happen to America? -Photo Credit AP/File
Donald Trump has now threatened to impose 50% tariff on India. This tariff of Trump will come into effect from August 27, but America will suffer more from this, because the things exported from India will become expensive in America itself, meaning inflation will increase there. On the other hand, it will have zero impact on the people of India. But yes, relations between India and America are seen to be deteriorating due to this act of Trump.
In India, the attitude of both the government and the public has started to turn sour due to this attitude of Trump. PM Modi said in clear terms that the interest of farmers is most important for us and we will protect it at all costs. China and Russia have also reacted sharply to Trump’s announcement about India. These actions of Trump have once again started the discussion that should India, Russia and China come together so that the dominance of western countries including America can be reduced?
Now just imagine, if the relations between India and America have deteriorated and the three big powers of the world – Russia, China and India, who are upset with the attitude of Donald Trump, unite and start sharing everything from military to technology, money, then… will the rule of the dollar end? Will America’s superpower end? Let us also find answers to some such questions. How can India-Russia-China change the world? Prime Minister Narendra Modi (PM Narendra Modi) is going to visit China. India’s PM’s visit to China can play an important role in strengthening India-China relations. In such a situation, it is being speculated that India-China and Russia can unite and teach America a lesson on the economic front. Although it seems far-fetched right now, but if this happens then… first of all, the power balance of the world can change.
First – America and Europe have dominated the whole world till now. If India-Russia-China come together, then it will challenge the dominance of America-Europe. The dominance of the Asian market will be seen at the global level.
Second – Dollar has dominated the whole world till now, but these three countries have been trying to reduce dependence on the US dollar for a long time. China is trading in Yuan, Russia in Ruble and India in Rupee or promoting it. In such a situation, all three can come together and create a new currency or payment system, which can challenge the dollar.
Third- America has done an FTA deal with Europe. If these three countries come together, then they can create an Asian trade network.
This can lead to sharing of raw material, manufacturing and technology. This means that the economy of the whole world can change.
Fourth- These three countries will emerge as a big power in terms of defense and technology. China’s manufacturing power and India’s talent pool and IT power can together create a new military and technical block.
Fifth- Global supply chain can also change with the coming together of these three countries.
The world’s dependence on western countries can decrease.
The world can show more interest in doing business with India-China and Russia. Will these things become easier? But due to political, social and geographical reasons, this does not seem possible right now. Because the border dispute and mutual distrust between India and China has not ended yet, the fight with Russia and the western countries is creating more problems.
On the other hand, India follows the multi-alignment policy. It sees the whole world with an equal perspective and considers other countries as its friends. India is a trade partner with America, Europe and other countries. On the other hand, Trump’s tariff does not seem to pose as big a threat to India as it could to America. In such a situation, Trump’s tariff threat does not seem to last for long.
