India is definitely a fast-growing economy, and also the biggest challenger against Chinese dominance as a world exporting nation. But Russia? We can't be sure about that because their campaign against Ukraine might be a massive cost in their economy's long term trajectory. It might be OK today, but the effects might be felt years later, especially if they haven't actually taken over Ukrainian territory.
That's true, the effect of the ongoing war with Ukraine is really a big blow on Russian and that alone is affecting its economy growth and development, such could also be as part of the reason they couldn't intervene on Iran-Israel war and US did so, Russian made lot of importations these time around than their exports in terms of the economy GDP, i think they have experienced a decline a little bit.
You shouldn't always take what Trump says seriously. Russia and India don't have a dead economy. India is one of the fastest-growing economies in the world, and there are projections that the country will experience 6.5% GDP growth.
I understand that some of Trump's words may be intimidating a times, but we should always look at the reality as the focal view on matters like this and when we are comparing to what he said, in the world, we all know that for now, we can vividly point out at Indian economy on a fast rising pace, because sometimes when i look into the rate they are producing and engaging their citizens on different sectors, you will be surprised to see the way India has been locally fabricating advanced economical productions and exporting them, even to the extent that in my country here, we have so many imported items from India after the likes of China.
And the country is a major trading partner of the US. Trump's attacks are to put pressure on India to stop trading with Russia, thereby forcing the Kremlin to accept a ceasefire in Ukraine.
But the US has the economic power to reduce the growth of the Indian economy since the US is their biggest foreign export market. It is predicted that the 25% tariff on Indian exports to the US will affect the economy of India.
Now i don't know if India as at current time still depends solely on US being their major supplier, i think they have been up to something.