Politics10/15/2025•Bloomberg

Trump’s Trade War Unites Lula and Modi in a Hunt for New Markets

Trump’s Trade War Unites Lula and Modi in a Hunt for New Markets

The article discusses how the trade war initiated by former US President Donald Trump has brought together two major emerging market economies, Brazil and India, in a bid to find new markets and withstand the impact of US tariffs. Faced with the negative consequences of Trump's trade policies, the leaders of Brazil and India, Lula and Modi, are now strengthening their economic partnership. The article suggests that by uniting, these countries aim to reduce their dependence on the US market and explore alternative trade opportunities. The article highlights how the trade tensions with the US have prompted Brazil and India to pursue a more collaborative approach, as they strive to diversify their export markets and mitigate the impact of American tariffs on their respective economies. This strategic alliance between the two emerging powers is seen as a response to the challenges posed by the ongoing trade war with the United States.

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