American politics, especially the quadrennial presidential election, is closely followed by people world over, and with good reason. America is the world’s most dominant economy, and there are literally hundreds of millions who, given a chance, wish to immigrate to America or have relatives & friends living there. No doubt, American government policies do have global implications.

Democrats’ luck

It is interesting, even for a casual observer, to look back three decades, to see how American two-party political system has been evolving. It seems that Republican presidents have been dealt poorer hands than Democrat presidents. Republican George H.W. Bush was successful in driving Saddam Hussain out of Kuwait in January 1991 during the Persian Gulf War. At that time, even though American economy was humming along a respectable clip of 3.5% annual GDP growth, Democrats and the media convinced Americans that the economy was struggling, thereby helping Clinton defeat Bush. In 2001, only a few months after President George W. Bush took office, America was attacked on 9/11/2001, that led to long wars with Iraq and Afghanistan and partly causing the great depression of 2008. During Trump’s 2017 – 2019 leadership, economy was growing solidly, but then COVID-19 hit in 2020 and Trump lost his reelection bid in 2020. Democrats and the media were successful in using the pandemic in a couple ways to defeat Trump, who has maintained that the election was “stolen” from him, alleging that many states took advantage of lockdown to conduct election without proper controls.

On the other hand, look at Democrat Presidents. Bill Clinton benefited from the 1994-to-2000 dot-com boom. In 2009, Obama became president when the 2008 depression had run its course, and it had nowhere to go but up. It looks like Biden is going to benefit from economy’s revival as vaccine availability controls the pandemic.

Current State of American politics

Cynicism towards entrenched politicians and government has been growing and that’s what fuelled Trump’s surprise win in 2016. Trump, an outsider, promised to push conservative agenda of smaller government, self-reliance and draining the “swamp” in Washington. Of course, it upset the “establishment” comprising of traditional politicians and liberal media. So, Trump had a bulls-eye painted on his back and the establishment tried to get rid of him from day one. It appears that an Unholy Trinity – Democrats, liberal media and high-tech companies -has been consolidating for the past four years, and the Republican party will suffer in future elections.

Biden presidency

Biden, the oldest president in recent history, ran mostly a virtual campaign, but was propelled to victory as the media and Democrats vilified Trump. Biden has pledged to unify the country after the tumultuous years of the Trump presidency, and Democrats are vowing to use their control of the House, the Senate and the White House, for the first time in more than a decade, to enact a “bold” agenda. The disappointed supporters of President Trump fear that Biden’s bold agenda means undoing Trump initiatives AND imposing more liberal / progressive policy initiatives. And Biden has done just that! On his very first day in office, he issued several executive orders and directives to re-join Paris Climate Accord, World Health Organization and undo Trump’s immigration initiatives, to mention a few. The Congress is proceeding with its unprecedented plan to impeach Trump, with two goals. One, to ensure that Trump can never run for a public office again, and second, to send a message to future “Trumps” that outsiders are not welcome in the traditional political club.

With the unholy trinity dominating American politics, the country appears to be headed away from capitalism and towards socialism. Although, the country is crushing under a whopping national debt of $30 trillion and growing, nobody seems to be overly concerned about it as America’s creditworthiness, due to huge economy, is good and government’s power to levy and collect higher tax.

Many observers do not expect Biden to complete his full-term in office, due to his advanced age, thus propelling Kamala Harris to presidency and America to more socialism. Stay tuned!

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The Yokohama Rubber Co., Ltd. has been selected as the official tyre supplier for the groundbreaking FIA Extreme H World Cup, the world's first hydrogen-powered motorsport series. The company will supply its GEOLANDAR brand of tyres for the championship, which is scheduled to commence next month in Saudi Arabia. The company will also continue to supply GEOLANDAR tyres for the Extreme E off-road electric vehicle series, which holds its final event on 4–5 October in Saudi Arabia.

Central to both the Extreme H and Extreme E series is a shared mission to advance sustainability and equality. The championships serve as dynamic platforms to promote environmental awareness and demonstrate cutting-edge technologies while also enforcing a strict mandate for gender parity by requiring each team to field one male and one female driver. The Extreme H series will feature eight international teams operating the Pioneer 25, a cutting-edge hydrogen fuel cell vehicle capable of generating 550 horsepower and accelerating from 0 to 100 kmph in 4.5 seconds. The global significance of this new championship is expected to draw a worldwide television audience across multiple continents.

As the predecessor to Extreme H, the Extreme E series utilised the high-performance all-electric Odyssey 21 vehicle. All teams competing in the new hydrogen series will also participate in this final Extreme E event, marking the conclusion of the electric championship as it transitions towards a hydrogen future.

In alignment with the environmental principles of these series, Yokohama Rubber will provide a specially developed prototype tyre based on its GEOLANDAR X-AT model. This tyre has been engineered with a significantly increased ratio of sustainable materials, comprising 38 percent renewable and recycled content. It has also been fortified with enhanced durability characteristics to withstand the unique demands of heavy hydrogen-powered and electric off-road racing vehicles.

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Hankook Tire is advancing its future mobility leadership through strategic open innovation and collaborative design projects. This effort was showcased at the company’s recent Design Innovation Day 2025, held at its Pangyo Technoplex headquarters. The event serves as a platform to present new solutions integrating sustainability, innovation and design while reinforcing partnerships with global technology leaders.

A major focus was the unveiling of two key outcomes from Hankook’s ongoing Design Innovation Project. The first was ‘Sustainable Concept Tyre’, an embodiment of the company’s ESG vision. Developed using advanced 3D printing technology, it is constructed from renewable and recycled materials. Its distinctive organic design was realised in collaboration with Harvestance using specialised engineering software.

The second reveal was the WheelBot 2, a multi-directional mobility platform developed with robotics startup CALMANTECH. This advanced robotic wheel system, equipped with tri-axial spherical tyres, demonstrates new possibilities for movement. Its potential was illustrated through a live demonstration of the PathCruizer, a two-seater pod concept powered by the WheelBot technology.

Beyond product reveals, the event highlighted Hankook’s commitment to knowledge sharing, featuring a presentation on 3D printing advancements from LG Electronics. These collaborations are central to Hankook’s strategy of strengthening its technology leadership. Since 2012, the company has partnered with world-renowned design universities and technology firms, consistently earning prestigious international design awards and solidifying the premium stature of its global brand.

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Indian tyre maker to pass full benefit of tax cuts to customers from 22 September

CEAT Limited said on Thursday it would reduce prices across its entire tyre range following the Indian government’s decision to cut goods and services tax (GST) rates on tyres, with the full benefit being passed on to customers.

The Mumbai-based tyre manufacturer said new prices would take effect from 22 September, covering commercial, agricultural, passenger vehicle and two-wheeler segments.

India’s 56th GST Council meeting approved significant reductions in tax rates for the tyre industry. GST on new pneumatic tyres was cut to 18% from 28%, whilst tractor tyres and tubes will attract a reduced rate of 5%.

“We thank the Government of India and the GST Council for their timely and progressive decision to rationalise tax rates in the tyre sector,” said Arnab Banerjee, Managing Director & CEO of CEAT Limited.

“The reduced GST slabs will greatly benefit the tyre industry and consumers alike. Not only will it lower the cost of owning and operating a vehicle for customers across various segments, but by making tyres more affordable to replace, it will also make our roads safer.”

Banerjee added the move would “spur formalisation and greater compliance, while also fostering sustainable growth in the sector.”

The GST rate cuts represent a significant policy shift for India’s automotive sector, where high taxation has been a longstanding concern for manufacturers and consumers.

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The Yokohama Rubber Co., Ltd. has been officially recognised as a DX Certified Business Operator by Japan's Ministry of Economy, Trade and Industry (METI). The designation, which was granted on 1 September 2025, identifies companies that are thoroughly prepared for digital transformation as outlined by the Digital Governance Code.

This certification acknowledges Yokohama Rubber's comprehensive strategy for digital transformation, which is built on three core objectives: advancing business strategy, contributing to sustainability and reinforcing its IT infrastructure. Central to this effort is the company's proprietary AI framework, HAICoLab (Humans and AI ColLaborate), which drives group-wide digital initiatives. These include improving productivity, innovating processes, developing digital talent and building a global cloud-based IT system. The certification confirms that the company's efforts not only meet METI's stringent criteria but also demonstrate appropriate disclosure of information to its stakeholders.

Moving forward, the company said it will continue to leverage data from its entire value chain to adapt to a dynamic business environment. The company aims to enhance customer value, pursue sustainable innovation and transform its corporate culture to strengthen its competitive position and ensure long-term growth.

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