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India caught in middle as Trump tests out new Russia policy
Analysis

India caught in middle as Trump tests out new Russia policy

With friends like these! President Donald Trump on Wednesday announced a new 25% tariff on India, one of the US’s closest allies in Asia.

​An American flag flutters over a ship and shipping containers at the Port of Los Angeles, in San Pedro California, U.S., May 13, 2025.
GZERO North

Art of the backdown

Donald Trump’s supporters like to tout his 1987 book, The Art of the Deal, when they discuss his trade gamesmanship, but, a month after “Liberation Day,” it is getting harder for them to convince skeptical Americans that he is winning more than they are losing.

Containers on a cargo ship are seen at an industrial port in Tokyo, Japan April 3, 2025.
What We're Watching

Beijing tries to woo an uninterested Tokyo over joint tariff fight

Chinese Premiere Li Qiang sent Japanese Prime Minister Shigeru Ishiba a letter asking that they “fight protectionism together,” according to local reports Tuesday, as both countries face potentially disastrous US tariffs.

U.S. President Donald Trump meets with China's President Xi Jinping at the start of their bilateral meeting at the G20 leaders summit in Osaka, Japan, June 29, 2019.
Asia

Trump's China policy risks allies

What is President Donald Trump’s strategy on China? On the one hand, he slapped additional 10% tariffs on Chinese goods and is considering $1 million fees on Chinese-built vessels entering US ports.