Falling rate of the US crown
At the SCO Summit in Tianjin, twenty world leaders gathered while Modi shook hands with both Putin and Xi, signalling a significant geopolitical shift. Meanwhile, Trump is in a race to earn the title of the weakest US President in history.
It seems the Western world has begun to realise the change in the 21st- century world order. Neither the US nor Europe has ceased to be the only big uncle by right to host so many World leaders at a time. A new world order is unfolding. On September 1, 2025, 20 world leaders assembled at the 25th Meeting of the Council of Heads of State of the Shanghai Cooperation Organisation (SCO) in Tianjin, China. The world’s fastest- growing large economy has many strengths, alongside China’s status as the biggest economic rival of the US and Russia’s position as the arch-rival of both the US and NATO. SCO Summit this time became an alarming sight for the US, mainly due to its self-made fear over the miscalculated punitive tariff on India. The US feared India’s silence towards punitive tariffs and continued to press for a response.
As the US had no role in the summit, when the world is looking at a gathering of this size, it is natural for countries that have hitherto maintained a strategic hegemony to feel disregarded by others. The US under the Trump Presidency stares at a humiliating future, with the judiciary taking on some of the President’s decisions and the Trump advisors talking rubbish about India. The failed US diplomacy raises concerns about India’s response to the US as the US lawmakers desire, and the possibility of restoring friendship with India while Trump remains in office. Highly influential global media called the US tariff and face-off with India a grave mistake. It may take time for someone like Trump to recognise his mistake, or he may never learn the right lesson.
The Shanghai Cooperation Organisation (SCO) summit in Tianjin has disturbed Trump, who is focused on supporting his two sons in their cryptocurrency business. Trump has no shame in swallowing his words to protect his business interests, which are above the interests of the American people. His mantra of “Make America Great Again” aims not to benefit all Americans, but rather to elevate those who are like him, unprecedented in US history.
Within two months, Trump has proven how fast he can rattle the great American boat. The western media, which is traditionally American admirers and has been at the forefront of justifying every American foul, has begun to change. This time, the Western media praised China’s capabilities to bring the leaders of 20 countries to a platform. Global media highlighted India’s strength with pictures of Narendra Modi, Vladimir Putin, and Xi Jinping standing together, their body language suggesting that a new dynamic is emerging in the world. The Tianjin summit came four days after Trump imposed revenge tariffs on India. It provided an opportunity for India to indirectly communicate its stance to Trump. This was done through images of Modi shaking hands with Putin and Xi, along with news of Modi’s discussions with Putin in his limousine, hinting at potential future developments. The US has at least something to worry about. Trump, in his efforts to close the US trade deficit with India, wanted to make the country buy either food or arms, but India refused.
Twelve days before the US tariff effective date, the world keenly watched the Trump-Putin Alaska Summit, incidentally, the Independence Day of India. Putin spoke to Modi after that over the hotline and shared the subject of the discussion. Putin invited Modi to travel with him in his car, showing the degree of importance Russia accords to India. China was aware of what was unfolding and acted wisely to prevent India from becoming its rival, with the support of the US. The punitive US tariff on India was an opportunity for China to repair its strained relations. Ten days before the extra tariff came into existence, China softened its trade relations with India as it resumed exporting rare earths, fertilisers and tunnel boring machines. That also made the US sleepless.
Large industrialised economies can grow only if they have access to where there is room for growth. If there is no big market, their business will close. The Americans have two choices before them – one is the punitive tariff they imposed on India, with its leaders topping off loose talk, and the other is to continue with the self-endangering Trumpism.
India is not ready to sacrifice its economic and strategic interests. Trump cannot continue with his absurd calculation of a punitive tariff on India to achieve his goal of selling American milk and grains in India.
Trump’s trumpet
Pak General’s crypto money is not bad for bitcoin miners. The money stashed away from the impoverished Pakistan will finally be converted into cryptocurrency
On June 18, 2025, the US President Donald Trump lunched with Pakistan’s Field Marshal Asif Munir, who had lost a two-day war with India in the previous month, at White House. Hosting a military general from Pakistan by the US President was an unprecedented White House gesture, which surprised the Americans and the world. Trump is known for his unprecedented actions and questionable behaviour, often justifying his decisions resolutely.
Last year, a couple of months before the Americans re-elected Donald Trump, he declared the entry of his two sons, Eric Trump and Donald Trump Jr., into the cryptocurrency business through World Liberty Financial (WLF). The Trump family has a 60 per cent ownership stake in WLF and has already generated millions of dollars from the business. A month after their entry, WLF began to market a cryptocurrency named $WLF1. The sale of the cryptocurrency started soaring after Trump’s election victory.
Trump’s return to power has proven to be an emergence of a President with reckless power in hand. The National Emergency Act grants the President access to 120 statutory powers. Trump did not mind the spirit of the rule, but he prioritised the interests of his business over the interests of Americans. He allowed private enterprises to misuse the government policies and the President’s power. Several media investigations found that Trump could misuse his Presidential power and clout to help WLF expand its client base. After Justin Sun became an investor in WLF through the purchase of $WLF1 for $75 million, the Securities and Exchange Commission dropped all investigations into Sun.
WLF, that way, might have acquired a privilege of access to many secret payments worldwide, besides the special favour of currency swaps from foreign institutions and investors with criminal records, and investments from corrupt politicians who stashed trillions from their home countries, as well as Army Generals with political power. Here, one may understand how suddenly the Pakistani Field Marshal became a friend of Trump. The families of Pakistani military Generals are well-known for their secret foreign accounts. This wealthy community could be a big market for companies like WLF.
