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India on Monday called on BRICS BLOC members to decide their trade imbalances from New Delhi when they met against the background of US President Donald Trump’s tariffs who have nerve friends and enemies of Washington.
Government At the virtual summit, Minister of Foreign Affairs of India S. Yashankar stated that “the country’s largest trade deficit with BRICS partners”. A block that has Brazil, Russia, India, China and South Africa as key members have accused Trump pursuing “anti -American politics”.
Jashankar represented India in the absence of Prime Minister Narendra Modi, whose visit at the Shanghai Summit of Cooperation Organization in China last week was considered as an alarm of warming ties With Beijing at a time when relations with the United States were energized.
At the BRICS meeting, the tone of India opposed the action of the host of Brazil, who accused the US of “blackmail”. Brazil, along with India, is one of the peoples that have been most affected by Trump’s tariffs, with up to 50%.
China also conducted veiled fingers in Washington’s trade policy when President Xi Jinping warned “hegemonism, one -sided and protectionism”.
“Trading wars and tariff wars, which are waging some countries, greatly violate the world economy and undermine international trade rules,” SI said, urging BRICS members to stay together before the higher tariffs elsewhere.
India is considering BRICS mainly economic initiative, while China and Russia are considering a more geopolitical group, Chietigj Bajpae said, Senior Research Fellow of the Chatem House.
In recent years, Chinese imports into India has been constantly increasing by making a trade deficit in Newdel with Beijing to a record high level of $ 99.21 billion in the financial year, ending March 2025. China has collected a 77.7 billion dollars surplus trading With India this year, as of August, 16% higher than the year earlier, according to Chinese customs data published on Monday.
“BRICS itself can give an example by reviewing the trade flows among its members,” Yashankar said, adding that India presses “operative solutions” to resolve the trade deficit.
Bilateral trade between New Delhi and Moscow also reached a record high level of $ 68.7 billion in the financial year, and the increase in oil imports in India was facilitated by A A deficit of $ 59 billion.
Positive signals of India-SSH?
The United States imposed a healthy 50% tariff on India, which is much higher than 30% of Chinese goods, which led to the passage of relations between New Delhi and Washington.
Trade negotiations between them stopped because Washington sought to stop the purchase of Russian oil in India, accusing it of protectionist policy in sectors such as agriculture and dairy products. New Delhi said he was unfairly aimed.
Trump said earlier this week that India suggested cutting its tariffs for US imports to zero, complaining that the proposal had come too late in the negotiations.
Despite the fact that the experts accused Trump of overcoming for more than two decades to improve relations with India, there were some signs that both countries could move to the solutions.
Speaking out of the Oval cabinet earlier this week, Trump said in India and the US has a special relationship and “nothing to worry”, while praising that Modi was a “great prime minister”.
Modi replied to Trump’s comment in the message on X, said that “they are deeply appreciated and fully responding to the mutual sentiment of President Trump and a positive assessment of our relations.”
“Modi and Trump’s reconciliation statements reflect the fact that, despite the poor blood in the bilateral relations, the structural foundations of India-SSU relations remain reliable,” Baipa said.
He added that while India views the US as a key strategic, technological and defensive partner, Washington views India as a counterweight to China’s lift.
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