Geopolitical Economy Report US attacks blow back, uniting China, India, Russia, Iran; encouraging dedollarization
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Sep 2, 2025 The podcast explores how U.S. aggression has unintentionally united China, India, and Russia, fostering deeper ties at the Shanghai Cooperation Organization summit. Discussion highlights India's shift closer to China post-Trump's tariffs, changing global dynamics. It also addresses the emerging multipolar world, the push for dedollarization, and the rise of Global South organizations like BRICS. The analysis points out the challenges to U.S. dominance in international finance, emphasizing the need for UN reform and cooperation among member nations.
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US Pressure Unites Eurasian Powers
- Ben Norton argues US aggression has united China, India, Russia, and Iran into a stronger Eurasian bloc.
- He frames the 2025 SCO summit in Tianjin as a turning point toward a post-US multipolar order.
Tariffs Pushed India Toward China
- Norton recounts how Trump’s tariff threats pushed India toward China diplomatically.
- He cites Modi’s 2025 Tianjin trip as a visible consequence of that pressure.
China’s Global Governance Push
- Xi Jinping proposed a Global Governance Initiative to reform institutions and boost Global South representation.
- China frames this as opposing hegemonism and advocating equal participation in international governance.