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Trump's America-first world is pushing other powers to hedge their bets

Xi, Putin and Modi meet in New Delhi as U.S. tariffs, sanctions and the Iran war test whether BRICS members can find more common ground.

By Nexvoro Tech Wire
PUBLISHED SAT, SEP 12, 2026 9:18 AM UTC6 MIN READ

KEY POINTS

  • Primary coverage dispatched via CNBC World & Geopolitics.
  • Signals noteworthy shifts in sector dynamics and operational developments.
  • Comprehensive factual details verified from official publication records.
  • Objective, non-partisan journalistic standards preserved.
Trump's America-first world is pushing other powers to hedge their bets
PHOTO VIA CNBC WORLD & GEOPOLITICSNEXVORO EDITORIAL WIRE

Primary Journalistic Dispatch & Direct Reporting

When Chinese President Xi Jinping, Russian President Vladimir Putin and Indian Prime Minister Narendra Modi were together in China last year , images of the three leaders smiling, holding hands and chatting animatedly went viral.

This weekend, they meet again in New Delhi against an increasingly complicated geopolitical backdrop.

India is hosting leaders of BRICS, a grouping of major emerging economies seeking greater influence in a global system long dominated by the U.S. and other Western powers. Xi, Putin and Iranian President Masoud Pezeshkian are among those expected to attend alongside Modi.

In-Depth Developments & Factual Context

The U.S. and Israel are at war with Iran, Washington continues to push Moscow toward a deal to end the war in Ukraine, and U.S. President Donald Trump's trade policies have disrupted relationships with allies and rivals alike.

Against that backdrop, the summit will put the spotlight on whether those pressures are giving some BRICS members more reason to cooperate on trade, energy and payments, even as deep divisions limit how far that cooperation can go.

Trump's policies are not the reason these countries are talking. India and Russia have maintained close relations for decades, while the India-China thaw began before the latest U.S. trade tensions. But tariffs, sanctions and other economic pressure from Washington are adding another factor to their calculations.

Industry Impact & Strategic Analysis

Xi's visit will be his first to India since 2019, marking another step in a cautious thaw after deadly clashes along the countries' disputed Himalayan border in 2020.

Modi and Xi have sought to stabilize ties, with flights, visas and high-level contacts being restored. But tensions remain over their border, India's large trade deficit with Beijing and their strategic rivalry across Asia.

The U.S. has also spent years deepening its relationship with India, which is a member of the Quad alongside the United States, Japan and Australia.

Forward Outlook & Market Perspective

India has long pursued strategic autonomy, maintaining ties with Russia and Iran and improving relations with China but still deepening cooperation with Washington.

Chietigj Bajpaee, senior research fellow for South Asia at Chatham House, wrote that recent strains with the Trump administration have caused New Delhi to reinvest in other relationships.

"The meeting between Modi and Xi is likely to further advance the ongoing reset in bilateral relations and build confidence. A meeting in August between the Chinese foreign minister and Indian national security advisor made notable progress on their longstanding border dispute," Bajpaee said in an article earlier this week.

Meanwhile, Russia has different motivations. Western sanctions over Ukraine have made partners outside Europe and the U.S. increasingly important. China has become a critical economic partner, while India is a major buyer of Russian oil.

For Putin, deeper economic relationships with China and India provide an important buffer against sanctions, while the summit offers an opportunity to demonstrate that Russia retains relationships with some of the world's largest economies.

Trump has made tariffs central to his economic and foreign policy agenda, while Washington continues to use sanctions and other economic measures against Russia and Iran.

Reporting synthesized and verified under Nexvoro.tech editorial guidelines. Full primary records referenced via CNBC World & Geopolitics.

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Reporting synthesized under Nexvoro.tech Editorial Standards • Referenced via CNBC World & Geopolitics
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