Ones and Tooze India and Tennis
28 snips
Sep 5, 2025 The podcast dives into the recent 50% tariffs on Indian imports imposed by the Trump administration, revealing the complexities of U.S.-India relations and the surprising economic implications. It also explores the evolution of tennis economics, highlighting the soaring prize money at the US Open and its impact on players' financial realities. The discussion touches on the sport's aristocratic roots and the call for reform as tennis adapts to modern challenges, showcasing its intricate connections to broader diplomatic dynamics.
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India's Trade Resistance Is Political
- India resists U.S. trade pressure because protecting domestic livelihoods is central to its politics and history.
- Modi presents himself as defender of farmers, so open-market demands face strong political constraints.
Conversation With Indian Military Chief
- Tooze recounts asking an Indian chief of staff about early Russian military performance in Ukraine.
- The officer defended Russia, illustrating India's strategic autonomy and differing perspectives from the West.
Russian Oil Was A Strategic Bargain For India
- Buying discounted Russian oil helped India lower consumer prices and improve its balance of payments.
- Western sanctions designed to cap prices effectively redirected cheap crude to India as intended.