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Indonesia News Portal for Traders | Financial & Business Updates

30 July 2025 17:09  |

Trump Tightens Up on Asia and Russia at the Same Time

India is facing renewed trade pressure from U.S. President Donald Trump, who signaled tariffs of 20–25% may be imposed on Indian exports—despite recently calling India a “great friend.” Just last week, India’s trade minister expressed optimism over striking a deal with the U.S., but hopes are dimming as India remains historically hesitant to open its markets.

The situation is worrying for other Asian nations like South Korea and Taiwan, who are also awaiting trade clarity. Indian Prime Minister Narendra Modi—once celebrated at the “Howdy, Modi!” rally in Texas—now finds that geopolitical closeness offers no guaranteed protection from U.S. tariffs. Taiwan, meanwhile, is racing against a deadline to avoid a 32% tariff, amidst growing political instability at home.

On the global front, tensions continue to rise. Trump has given Russia a new deadline—August 8—to reach a ceasefire with Ukraine or face secondary sanctions, particularly targeting energy buyers. The Kremlin appears unwilling to comply, raising concerns over broader global impacts and shifting power dynamics.

Regionally, Thailand accused Cambodia of breaking a ceasefire, prompting international observers to monitor the border dispute. Meanwhile, Somaliland publicly offered the U.S. a military base on the Red Sea and a critical minerals deal in exchange for formal recognition as a sovereign state, further complicating geopolitical alignments in a volatile region.

Elsewhere, domestic and social tensions are surfacing. The humanitarian crisis in Gaza worsens amid mounting international pressure, while the UK pledges to recognize Palestine by September if Israel doesn’t end its offensive. Australia plans to ban YouTube for minors under 16, and Côte d’Ivoire's President Alassane Ouattara, now 83, has announced he will seek a fourth term in October. The world is confronting multiple layers of tension, both political and social.

Source: Newsmaker.id

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