After months of punitive US tariffs, President Trump and Prime Minister Modi announced a trade deal between the world’s two largest democracies. But India has been following a now familiar pattern—building resilience in the face of a disruptive Washington.
The free trade agreement between India and the European Union is a bold statement by middle powers, demonstrating to both the US and China that there could be better alternatives in a multipolar world.
Council President and CEO Leslie Vinjamuri joins BBC News to discuss Starmer's trip to Beijing and what it signals about the UK-China relationship moving forward.
"My fear is that this could lead to a very, very escalatory trade war," Council President and CEO Leslie Vinjamuri says of rising transatlantic tensions.
Preventing other nations from growing to retain American greatness will only undermine the value of the dollar. In its 250th year, the United States must learn to distinguish between size and wealth.
"The decision is going to come down to whether it's Congress' responsibility to tax people and to therefore regulate tariffs, or whether the president really does have carte blanche to do these things" under the IEEPA, Cécile Shea says.