Chill baby chill: Modi-Trump relations dip
Economist Podcasts
The Economist
4.4 • 5K Ratings
🗓️ 28 August 2025
⏱️ 22 minutes
🧾️ Download transcript
Summary
Yesterday Donald Trump imposed a 50% tariff on Indian imports to America, among the highest in the world. How will Narendra Modi respond? Why Palantir could be the most overvalued firm of all time. And film, vinyl and print media make a comeback.
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Transcript
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| 0:00.0 | The Economist. |
| 0:10.1 | Hello and welcome to the intelligence from The Economist. |
| 0:13.2 | I'm Jason Palmer. |
| 0:14.5 | And I'm Rosie Bloor. |
| 0:16.0 | Every weekday, we provide a fresh perspective on the event shaping your world. |
| 0:25.2 | Thank you. we provide a fresh perspective on the event shaping your world. Palantir is a company with a long pedigree of crunching data for big money clients, including governments. |
| 0:31.7 | It's seized the era of AI and its valuation has gone on an almighty climb. |
| 0:37.0 | Our correspondent says too far. |
| 0:39.2 | It's grossly overvalued. |
| 0:42.6 | And we really do live in a strange world. |
| 0:46.0 | On the one hand, we're letting artificial intelligence |
| 0:48.2 | choose our restaurants and write our school essays. |
| 0:51.0 | On the other, we're buying ever more items from the arc, |
| 0:55.6 | like photographic film, |
| 0:58.0 | vinyl, and even print media. |
| 1:02.7 | But first... |
| 1:15.1 | Six months ago, Donald and Narendra Modi shared a warm hug at the White House. |
| 1:18.6 | Now, India's Prime Minister stands humiliated. |
| 1:30.2 | After Trump doubled India's tariffs yesterday, the duties on Indian imports to America stand at 50%, among the highest in the world. Trump said the additional levy was to punish India for buying Russian oil, which the White House says has helped fund Vladimir Putin's war in Ukraine. |
| 1:37.0 | Last night, Peter Navarro, a White House advisor, went further, labelling the conflict in Ukraine, |
| 1:42.9 | Modi's war. |
| 1:47.6 | The road to peace runs in part through New Delhi, he said. |
... |
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