Part 5/7:
While China has not yet outlined a specific counter-strategy to Trump's renewed threats, the potential for escalating trade conflict looms large. The current situation suggests both nations are preparing for tit-for-tat tariffs, with possible impacts on essential commodities such as clean energy materials and semiconductors.
BRICS and Tariff Threats
In a broader context, Trump's threats also extend to the BRICS nations, which include Brazil, Russia, India, China, and South Africa. This coalition, which has been increasing its economic influence globally, recently expanded to include Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates, now representing a substantial part of world GDP and population.