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Trump's high tariffs on China and India, reaching 50% for India due to its Russian oil purchases, contrast sharply with Xi Jinping's promotion of a multilateral trading system at the Shanghai Cooperation Organisation (SCO) summit in Tianjin. The SCO, established in 2001 as a counter to Western alliances, now includes 10 full members and numerous partners. Putin's attendance at both the SCO summit and China's Victory Day parade highlights the growing influence of the group.

Prepared by Lauren Mitchell and reviewed by editorial team.