Amid an ongoing standoff with the BRICS alliance and the West, China is reportedly prepared for a trade war with the US, experts have said. Indeed, US President Donald Trump has reiterated his intention to tariff the economic alliance. In a recent proclamation, he requested a “commitment” to the US dollar in order to prevent the tariffs.
The arrival of such tariffs could have dire implications for the collective. However, the bloc has continued to say its intention is to not target the US dollar. Specifically, several BRICS nations have noted its desire is to only increase international economic participation from nations in the global south. To do that, the group has sought to increase the use of its own native currencies in global trade.
Also Read: BRICS: China Oil Output Hits 400M Tons Amid Record Growth
China Prepared for Trade War With US As Trump 100% Tariffs Loom
The last few months have seen geopolitical tension between the US and the global south reach a fever pitch. Following Donald Trump’s election in late 2024, one of his focuses was on maintaining the global status of the dollar. That has placed one specific economic alliance in his sights.
This week, he has once again reaffirmed his commitment to impending tariffs. Moreover, they are expected to be enacted within the next week. As those BRICS and Western confrontations persist, China is reportedly prepared for a trade war, experts have said.
Also Read: BRICS: China Oil Output Hits 400M Tons Amid Record Growth
“Chian hopes for the best and prepares for the worst,” Chinese government advisor Dr. Henry Wang told CBS News. He noted that Beijing officials were “deeply concerned” about Trump’s rhetoric. Additionally, 10% tariffs on Chinese goods imported to the US are set to kick in on Saturday.
Trump has previously called these tariffs the United States “one very big power over China.” However, things are far different now than they were in 2016. “You’re seeing an absolute epic boom in the industry because the reality is that China today is probably more productive than any economy that has ever been,” research analyst Louis-Vincent Gave said.
The back and forth has only driven increased concern on a global scale. “I think it’s going to be very devastating to the world, not just the US and China. “The world doesn’t want to have to pick sides,” Wang said. In the end, the citizens of both nations can only hope for a peaceful resolution.
