Mon. PM Seeds of Wisdom Crypto Update(s) 8-11-25

(Note: If you’re looking for more news regarding cryptocurrency, please visit our website Bitcoin Commando. All crypto news will be posted there. ~ Dinar Chronicles)

Seeds of Wisdom

China and Russia Hit Trade Milestone, Defying U.S. Tariff Threats

Record High in July

According to the Chinese General Administration of Customs, bilateral trade between China and Russia reached $19.14 billion in July — the highest monthly figure this year — despite U.S. warnings of secondary tariffs on Russian oil sales. China remains one of the largest buyers of Russian crude.

Yearly Trends and Oil Dependency

• July trade rose 8.7% compared to June.
• However, it was 2.8% lower than July 2024.
• Russian crude remains a major driver, with 108.5 million metric tonnes shipped to China in 2024, accounting for 19.6% of China’s total crude imports.
• From January to June 2025, Russia delivered 49.11 million metric tonnes — down 10.9% from the same period last year.

Geopolitical Context

Despite ongoing sanctions and supply restrictions, trade volumes remain strong, suggesting Beijing is largely unfazed by Washington’s recent threats to impose additional penalties on Russian oil transactions.

Potential U.S.-China Trade Impact

• The U.S. government has already applied a 25% tariff on Indian oil purchases.
• The current U.S.–China trade moratorium ends August 12, though Treasury Secretary Scott Bessent has signaled a likely extension, saying trade is in “a very good place with China.”
• President Trump has claimed a trade deal with China is “sort of” in place, but further tariff measures could disrupt finalization.

Strategic Calculations

China’s continued imports may indicate confidence in an eventual resolution to the Russia-U*****e conflict, or a calculated bet that the U.S. will not escalate tariff enforcement against Chinese oil imports.

@ Newshounds News™

Source: Bitcoin.com

~~~~~~~~~

BRICS Shakeup: India Chooses U.S. Over Russia in Sudden Shift


Tariff Threat Forces Overnight U-Turn

In a stunning policy reversal, India has abandoned its $50.2 billion annual Russian oil partnership within just 24 hours after facing crippling tariff threats from Washington. President Trump’s 25% tariff on Indian goods — with potential hikes to 100% — targeted New Delhi’s purchases of Russian crude and military equipment, forcing a choice between Russia and India’s most important trade partner: the United States.

Why India Chose Washington

• U.S. = India’s largest trade partner, worth $186 billion in 2024–2025.
• Accounts for 18% of India’s exports, with a $41 billion trade surplus at stake.
• Risk to key service-sector revenues outweighed energy ties with Russia.

Impact on Russian Energy Exports
Before the ultimatum, India imported 87.4 million tons of Russian oil annually — about 35% of its total crude imports.

• State-owned refiners controlling 60% of India’s 5.2M bpd capacity immediately stopped Russian purchases.
• Supplies replaced with Middle Eastern (Abu Dhabi) and West African crude.
• Russia, already hit by Europe’s embargo, loses its largest oil customer, forcing steep discounts to move stockpiles.

BRICS Alliance Reality Check

• India’s defection delivers a strategic blow to Moscow and exposes limits of BRICS unity.
• The move came hours after ex-Russian President Dmitry Medvedev dismissed U.S. tariff threats.
• Russia now faces a wartime economy with a budget deficit projected to exceed $100 billion by year’s end.

Geopolitical Significance

This reversal highlights a core weakness in anti-Western alliances: economic leverage from the U.S. and its allies remains powerful enough to override years of alternative trade bloc building. Despite BRICS’ ambitions, Washington’s economic dominance is still decisive in shaping global trade alignments.

@ Newshounds News™

Source: Watcher.Guru

~~~~~~~~~

Source: Dinar Recaps

______________________________________________________

If you wish to contact the author of a post, you can send us an email at voyagesoflight@gmail.com and we’ll forward your request to the author (if available). If you have any questions about a post or the website, you may also forward your questions and concerns to the same email address.
______________________________________________________

All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.

Dinar Chronicles is an informational news aggregator. All content, including third-party reports and community commentary, is provided for educational purposes only. We do not provide financial, legal, or tax advice. We do not recommend the purchase or sale of any currency or investment. Please consult with a licensed professional before making any financial decisions.

Copyright © Dinar Chronicles