The Return of Trump: Shifting from Pax Americana to a New Global Order
Trump’s rhetoric is powerful, for those who fail to see how hollow it is; he will erode American greatness, and damage the rest of the world as well
Trump’s rhetoric is powerful, for those who fail to see how hollow it is; he will erode American greatness, and damage the rest of the world as well
The Ram Mandir in Ayodhya marks a cultural renaissance in Bharat. This cultural wave transcends the ethos put in place in mediaeval India, which was marked by aggressors and invaders, and heralds a new dawn. The past decade has not only seen a cultural resurgence but also witnessed technological innovation and a manufacturing revolution. Ayodhya, then, will go down in history not only as a religious site but also as a place where faith, power, and the economy converged under an overarching sense of inclusivity.
As nations navigate significant disruptions and realignments, 2025 is a crucial year for global economics. The re-election of Donald Trump has brought a resurgence of global trade protectionism, creating substantial volatility in international markets. During his first term, Mr Trump focused on “America First” policies, implementing tariffs, trade restrictions, and stricter visa regulations that had a notable impact on sectors such as information technology (IT) services, textiles, and pharmaceuticals—key drivers of India’s gross domestic product (GDP) and employment. In fact, the prospect of tighter H-1B visa rules poses a serious challenge to the IT industry, which relies on US markets for nearly 60 per cent of its revenue.
Even though China debarred global social internet sites like Google, Facebook, Instagram, Twitter, Yahoo, and others more than a decade ago, the issue of proscription of Chinese-owned TikTok by the United States government has raised a major controversy that threatens to engulf geopolitics, global power transition, data security, influence operations, perception management, personal freedom, and creativity.
ON JANUARY 8, Vikram Misri, the foreign secretary of India, held a meeting with the Taliban-led Islamic Emirate of Afghanistan’s (IEA) Acting Foreign Minister Mawlawi Amir Khan Muttaqi, in Dubai. Marking the most high-level meeting between India and representatives from the IEA, the very act of the senior-most Indian diplomat meeting a Taliban leader and its timing in the aftermath of Pakistan’s airstrikes in Afghanistan and India’s strongly worded statement in support of the latter led to debates about an apparent “pivot” and “shift” in how India is engaging with Afghanistan. Three-and-a-half years after the Taliban usurped power in Kabul and orchestrated the fall of the then republic government, New Delhi’s approach towards the country has indeed been evolving.
Donald Trump has assumed office on the same day that the US celebrates Martin Luther King Jr’s birth anniversary. It is happenstance that the presidential handover day, Jan 20, falls on the third Monday of Jan when King Jr’s birthday is celebrated, although he was born on Jan 15. It is not a happy coincidence, however. Trump represents and champions the very opposite of the values for which the civil rights activist fought and was killed.