During the U.S.-China summit in Busan, South Korea, President Trump and President Xi Jinping announced a reduction of tariffs on China to 47%, while India and Brazil remain at 50%, the highest tariffs globally. The summit's outcomes, including a one-year truce on trade tariffs and export restrictions on rare earth minerals, are overshadowed by the leaders' reference to a 'G-2' partnership. This characterization raises concerns for India, which has yet to finalize a trade deal to reduce its own tariffs. Experts suggest that the G-2 concept could lead to a shift in global power dynamics, challenging India's position and the viability of the Quad alliance. The implications of this summit may affect future U.S.-India relations, particularly regarding energy purchases from Russia and broader Indo-Pacific strategies.