August 25, 2025

The world is witnessing a quiet but powerful economic shift. Despite meetings between Trump-Putin and Trump-Zelensky, the Russia-Ukraine war’s uncertainty lingers, and trade tariff battles continue. Behind these diplomatic handshakes, a thrilling new alliance is forming among three giants: India, China, and Russia — the Dragon, the Bear, and the Tiger. With Russian President Vladimir Putin expected in India before 2025 and Prime Minister Narendra Modi heading to China for the SCO Summit after seven years, this isn’t just routine politics. It’s a stealthy, strategic triad building deep ties, reshaping the global economy’s map from Beijing to Moscow to New Delhi. Experts say Trump’s tariffs might not jolt global merchandise trade much because the economy is no longer dominated by one power. Since the WTO began 35 years ago, the world has become multipolar. Countries are now ready to set aside political pride and flow with global business demands. Still, these tariffs are pushing a new geopolitical realignment—the rise of the India-China-Russia trio. Manish Bhandari, founder of Vallum Capital, sums it up well: “Each nation brings unique strengths: China’s manufacturing might, Russia’s energy power, and India’s booming service sector and huge markets. Together, they challenge the old Western trade dominance. Moving trade to their own currencies can slash reliance on the US dollar.” Here are the top five spicy reasons behind this trinity’s rise: 1] Strength in Unity: Bhandari says, “With 8.2 billion people and $173 trillion in global power, these three ancient titans control nearly $54 trillion GDP, or one-third of the world’s economic output. Trump's tariffs aimed to isolate them but actually bonded them tighter.” 2] Export Powerhouse: “They export over $5 trillion—one-fifth of global goods—which fuels trade and innovation worldwide. With $4.7 trillion in foreign reserves, their economic fortress stands strong amid storms. Plus, their 3.1 billion people form the hungriest consumer market ever,” Bhandari highlights. 3] Overdependence on US Dollar: Sandeep Pandey, Basav Capital co-founder, explains, “The US relies heavily on the dollar and wants to stop efforts by Russia and China to reduce this. After sanctions on Russia, India and China bought crude in local currencies, piling up dollars and prepping for a currency battle.” 4] US Defence Deal Domination: Pandey adds, “Trump’s tariffs also push allies to buy defense gear only from the US or NATO, sidelining Russia, China, and even India in global defense markets. It’s a power play.” 5] New Global Partnership Renaissance: Expert Avinash Gorakshkar notes that Russia offers cheap energy, China dominates manufacturing, and India leads services. This trio is ready to cover for each other amid US tariffs, boosting their joint strength. Bhandari foresees India taking a leading role: “This isn’t just an economic pact; it’s a new world order. Russia provides cheap energy, China invests in India, and India will rejoin the global export game. The future story is India+2, not China+1.” Gaurav Goel of Fynocrat Technologies believes this triad gives India a strong hand against China’s Belt and Road Initiative. With US tariffs and European trade walls, companies are shifting supply chains to India and Vietnam, blunting China’s manufacturing lead. In these stormy global trade seas, the Dragon, Bear, and Tiger growl louder together, ready to rewrite rules and topple old giants. Will this be the blockbuster economic partnership the world watches next? *Disclaimer: Views here belong to experts quoted, not Mint. Investors should seek certified advice before decisions.*

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Tags: Trump tariffs, India-china-russia trinity, Global trade, De-dollarisation, Geopolitics, Economic realignment,