Prøve GULL - Gratis
India has some weighty cards to play in negotiations with Trump
Mint Bangalore
|March 10, 2025
Trump: "You're not in a good position. You don't have the cards right now. With us, you start having cards." Zelensky: "I'm not playing cards. I'm very serious, Mr President. I'm very serious." Trump: "You're playing cards. You're gambling with the lives of millions of people. You're gambling with World War III."
Donald Trump told Volodymyr Zelensky that the latter had no cards no fewer than five times in the last 10 minutes of their infamous meeting at the Oval Office last week. The US President likes to think in terms of cards (both metaphorical ones used for negotiating deals and literal ones to gain permanent residency in the US). As much as I dislike reducing international relations to a game, realism demands that we deal with the world as it is.
India is a swing power between the US and China, and to a lesser extent between the US and Europe. Without overstating the case, India's choice can determine which side feels greater pleasure or pain on several geopolitical and geo-economic issues. Also, we are among the few countries that view closer ties between the US and Russia favorably. If a transactional Trump only recognizes cards and how to leverage them, then India needs to strengthen its hand and play its own cards well.
What might be those cards? Let me list 13 cards of a suit, with a joker to go along with them.
Two: Cooperate on illegal immigration. Let Washington repatriate verified Indian nationals at its expense.
Three: Support the US dollar as the world's reserve currency.
Four: Support the use of Swift as international payments infrastructure.
Denne historien er fra March 10, 2025-utgaven av Mint Bangalore.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Mint Bangalore
Mint Bangalore
COP-30: Use carbon trading to win climate leadership
An efficient and credible carbon market can give India a chance to lead a global agenda that's fair to everyone
3 mins
September 15, 2025
Mint Bangalore
Hiring executive assistants to strike work-life balance
EAs are not just for top bosses anymore. Many more people are shelling out for assistants to help balance their lives
3 mins
September 15, 2025
Mint Bangalore
How fake paparazzi events fuel brand buzz across India
Strategy is to set up scenes looking spontaneous, with the paparazzi capturing the moment
2 mins
September 15, 2025
Mint Bangalore
ATM firm Indial's founder takes strategic role amid banktech push
Indial Payments, the largest white-label ATM operator in the country, is undergoing a leadership transition as it pivots towards digital services by launching a banking technology arm to offset sluggish ATM growth in India.
2 mins
September 15, 2025
Mint Bangalore
To curb smokeless tobacco use, India targets 100 high-burden districts
Consumption of smokeless tobacco, a leading cause for cancer, remains one of India's biggest public health challenges, with more than one in five people using such products.
2 mins
September 15, 2025
Mint Bangalore
Mercedes Expects Best Festive Season
The recent GST rate cut is likely to make the upcoming festive season the 'best-ever' for the luxury carmaker, but there is a need to cap road taxes levied by states on car purchases for long-term growth of the industry, Mercedes-Benz India managing director and chief executive officer Santosh Iyer said.
1 min
September 15, 2025
Mint Bangalore
Yuan versus the dollar: Propose a third option
As China attempts to globalize its legal tender; America guards the supremacy of its own and digital currencies gain traction, India should revive Keynes' idea of a global trade currency
2 mins
September 15, 2025
Mint Bangalore
US, Chinese officials hold talks in Spain
US and Chinese officials began talks in Madrid on Sunday on their strained trade ties, a looming divestiture deadline for Chinese short video app TikTok and Washington's demands that its allies place tariffs on China over its purchases of Russian oil.
1 min
September 15, 2025
Mint Bangalore
The Man, The Policies: What Makes Modi Special
The prime minister wants India's strong presence in the emerging new global system
3 mins
September 15, 2025
Mint Bangalore
Will We Disprove Yes Minister With Pension Reforms?
In Yes Minister, a TV satire on British politics, Sir Humphrey often stymied urgent reforms by setting up ‘interdepartmental committees.’
3 mins
September 15, 2025
Listen
Translate
Change font size