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U.S. President Donald Trump and Indian Prime Minister Narendra Modi shake hands as they attend a joint press conference at the White House in Washington, D.C., U.S., February 13, 2025.

REUTERS/Kevin Lamarque

A winner from Trump tariff wars? Maybe India

If there’s a winner from President Donald Trump’s trade wars, India is a good candidate. Its longtime rivalry with China gives Prime Minister Narendra Modi ample motive to build new bridges with the United States. That’s one of the reasons India joined the so-called Quad – an Indo-Pacific forum for strategic and diplomatic dialogue – with fellow democracies Japan, Australia, and the US, in 2007.
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Salvadoran police officers escort an alleged member of the Venezuelan gang Tren de Aragua recently deported by the U.S. government to be imprisoned in the Terrorism Confinement Center (CECOT) prison, as part of an agreement with the Salvadoran government, in Tecoluca, El Salvador, in this handout image obtained March 16, 2025.

Secretaria de Prensa de la Presidencia/Handout via REUTERS

Where does Trump’s immigration crackdown stand, nearly 100 days in?

President Donald Trump’s actions against migrants have generated among the most controversy of any of his policies during the first few months of his presidency. His administration’s deportation of alleged Venezuelan gang members to a Salvadoran maximum security facility has drawn comparisons to the worst abuses of totalitarian regimes, and Trump’s approval rating on immigration issues has slipped a bit in several polls.

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US banknotes photographed in Fuyang City, Anhui Province, China on April 21, 2025.

CFOTO/Sipa USA

Does Trump want a weaker dollar?

The US dollar slid to its weakest level in three years on Monday, as investors reacted to US President Donald Trump’s latest attacks on Fed Chair Jerome Powell, whom he blasted for not lowering interest rates faster, even as economists and investors worry that tariffs will stoke inflation. The greenback has already shed 10% of its value since Trump took office.

But is a weak dollar part of a bigger plan? Last year, Stephen Miran, who is now Trump’s top economic adviser, argued that the US could use tariffs and threats of military retrenchment to force major trading partners to revalue their currencies to Make the Dollar Weak(er) Again.

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