Kremlin and India Criticise Trump’s Trade Policies, Warn of Risks to U.S. Economic Stability and World Order.
Russia accuses the United States of pursuing a neocolonial agenda following President Trump’s tariff increases on nations in the Global South. Examine Russian and Indian responses, their implications for the BRICS, and the risks to U.S. global influence and economic stability.
Russia accused the United States of advancing a "neocolonial agenda" after President Donald Trump announced sharp tariff hikes targeting countries in the global south. Maria Zakharova, Russian foreign ministry spokeswoman, called the tariff increases clear evidence of Washington’s struggle to adapt to a changing world order.
 |
| What is the US up to? |
Zakharova's comments, representing the Russian perspective, underscore the rising tensions between the U.S. and Russia and highlight Russia's concerns about the broader implications of U.S. economic policies for international relations, particularly with developing or emerging economies. She, speaking on behalf of Russia, emphasised that these aggressive trade measures exemplify what Russia sees as the U.S. approach to foreign policy, which, according to her, reflects outdated imperial strategies rather than cooperative global engagement.
This situation illustrates how economic policy disputes, particularly over tariffs and sanctions, have become key battlegrounds in modern geopolitics, serving as flashpoints in a broader contest over power, influence, and the emerging global order.
“Sanctions and restrictions now define this era,” Zakharova said, responding to a media inquiry about the U.S. decision to tighten tariffs on countries in the Global South. This region, encompassing Africa, Latin America, and parts of Asia, has economies that are seeking greater autonomy and influence globally.
"Unable to accept its declining dominance in a multipolar world, Washington pursues a neocolonial agenda," she said, drawing parallels between U.S. actions and colonial powers influencing independent nations. A neocolonial agenda refers to a policy or practice that resembles colonialism, where a powerful nation exerts its influence over weaker nations, often for economic gain. Her criticism supports a narrative of shifting power structures and declining U.S. supremacy.
Zakharova insisted that no sanctions or tariff wars will stop global evolution, expressing confidence in nations uniting to face such challenges. "We believe no tariff wars or sanctions can halt history," she added, reiterating that progress will continue despite pressures.
"We are supported by many partners, particularly in the Global South and within BRICS (Brazil, Russia, India, China, and South Africa) and RIC (Russia, India, China), who share this perspective," she said.
BRICS—a coalition of emerging economies comprising Brazil, Russia, India, China, and South Africa—aims to promote mutual interests and counterbalance Western dominance. The member states of BRICS emphasise sovereignty and collective resilience in the face of economic challenges imposed by Western nations. The alliance is a significant player in the geopolitical landscape, challenging the traditional power dynamics and advocating for a more balanced global economic order.
From a critical standpoint, Trump's presidency is increasingly viewed by some observers as potentially detrimental to the economic stability of the United States, especially amidst a national debt that has reached $33 trillion. According to critics, this unprecedented level of debt poses significant challenges for America's economy.
In contrast, India, voicing its own perspective, has taken a firm stance against the tariffs imposed by former President Trump. Indian officials argue that such protective measures might be more detrimental to the United States than to India's economy. While the U.S. faces a fragile economic landscape, India presents itself as a powerhouse, emphasising its position as the world’s fastest-growing major economy and a large consumer market.
Zakharova accused the United States of violating free trade principles, citing "politically motivated protectionism and arbitrary tariff barriers."
Zakharova identified Brazil, which she noted is Russia’s key ally in Latin America, as a primary victim of these U.S. policies. From the Russian government’s standpoint, such actions interfere with other nations' internal matters and threaten global economic stability. "We are prepared to enhance collaboration with them to oppose illegal unilateral sanctions and contribute to the establishment of a truly multipolar, fair, and equitable international order,” Zakharova stated, reiterating Russia’s position.
Her remarks followed Trump’s criticism on Truth Social, where he accused India of profiting from the resale of Russian oil and announced higher tariffs. India called this "unjustified and unreasonable." India’s foreign ministry emphasised that its imports align with national interests and energy security, also highlighting the ongoing energy trade between the US, EU, and Russia.
According to some analysts, American businesses are eager to enter India's expansive and dynamic market, but protectionist tariffs threaten to obstruct these opportunities. These commentators argue that such disruption comes at an inopportune moment for the U.S., as it faces sluggish economic growth.
India's strengthened global position and investment appeal serve as a stark warning of the potential consequences of U.S. protectionist policies. These tariffs risk isolating the United States further and undermining its own economic interests, underscoring the broader argument that U.S. trade actions may damage its position in a shifting multipolar world.
Moreover, organisations such as BRICS are working to strengthen their ties and challenge what they see as the unprofessional conduct of specific U.S. trade policies. These alliances aim to foster cooperation among emerging economies and create a more balanced global economic landscape.
Prime Minister Modi’s call to buy Swadeshi products is a powerful tool for India’s self-reliance. This initiative extends beyond tariffs and underscores the significant role of consumer choice and national pride. Even with low or no tariffs on U.S. goods, Indian consumers’ preferences are decisive. Supporting local products shapes market dynamics.
When consumers prefer local products, they contribute to the growth of indigenous businesses, thereby strengthening the economy. Regardless of tariffs, Indian buying decisions shape markets. If many avoid American goods, favourable tariffs alone won’t change outcomes. The Swadeshi movement urges consumers to consider the economic impact of supporting local goods.
U.S. tariffs and the neocolonial agenda
#Geopolitics #USTariffs #Russia #India #BRICS #TradePolicy #GlobalSouth #Trump #EconomicSanctions #MultipolarWorld
