Walter Russell Mead discusses India鈥檚 recent election, Joe Biden鈥檚 latest immigration orders, China鈥檚 wealth exodus, and why Iran has nothing to fear from Washington on What Really Matters.

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US President Donald Trump reacts after signing executive orders imposing tariffs on imported goods in the Rose Garden at the White House on April 2, 2025, in Washington, DC. (Andrew Harnik via Getty Images)