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Why Trump bows to Xi but batters and mauls Modi

Summary by Asia Times
US President Donald Trump’s 90-day extension of a tariff truce with China while tightening the screws on India is rooted in the cold arithmetic of open macroeconomics – where the balance of real economic power, supply chain leverage and strategic resources determines who can endure a trade war and who must yield. In 2024, the […] The post Why Trump bows to Xi but batters and mauls Modi appeared first on Asia Times.

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Asia TimesAsia Times
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Why Trump bows to Xi but batters and mauls Modi

US President Donald Trump’s 90-day extension of a tariff truce with China while tightening the screws on India is rooted in the cold arithmetic of open macroeconomics – where the balance of real economic power, supply chain leverage and strategic resources determines who can endure a trade war and who must yield. In 2024, the […] The post Why Trump bows to Xi but batters and mauls Modi appeared first on Asia Times.

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Asia Times broke the news in Hong Kong on Thursday, August 14, 2025.
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