FT News Briefing Modi’s tariff tap dance with Trump
88 snips
Mar 14, 2025 Tensions run high as Putin holds firm on demands for a Ukraine ceasefire, complicating peace prospects. Meanwhile, India's Prime Minister Modi faces pressure from Trump over tariff issues, navigating a tricky trade relationship with the U.S. Intel's new CEO raises hopes amidst challenges in the chip market. The complexities of India's agricultural policies and high tariffs add further layers to the already intricate U.S.-India trade negotiations, showcasing the delicate balance Modi must maintain.
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Ukrainian Resilience
- Ukrainians exhibit resilience despite constant missile attacks, even joking about their proximity.
- This desensitization reflects the prolonged conflict's psychological impact but not acceptance of Russian terms.
Ukraine's Resolve
- Ukrainians reject Russia's terms for a ceasefire, wanting to avoid being a neutered state under Moscow's shadow.
- Despite war fatigue, they believe Russia's slow progress justifies continued resistance.
Ukraine's Reliance on US Aid
- Ukraine relies heavily on US intelligence, air defense, and Starlink, making a US withdrawal problematic.
- However, Ukraine's growing drone industry and potential European support offer alternative defense strategies.