The last several months have seen geopolitical tensions between the global South and West increase. At the center, new United States president Donald Trump has warned of impending 100% tariffs on the alliance. Yet one of the BRICS leading nations, China, has recently announced a trade surplus of $1 trillion amid its ongoing US faceoff.
The growth of China as a prominent global economy is undeniable. Moreover, it has only reinforced the growing rivalry with the United States that could continue well into 2025. However, the Eastern Asian nation has continued to solidify its position at the forefront of an economic alliance that could be growing in its allure.
Also Read: BRICS: US Dollar Falls as Trump Tariff Plan Takes a Turn
China Announces Trade Surplus and Economic Growth as US Targets BRICS
In 2024, Donald Trump won a historic presidential election. The outcome was clear, and he was set to lead his second nonconsecutive term as commander-in-chief. A key part of his campaign was ensuring the US dollar stood as the world’s currency. That placed his incoming administration in direct conflict with the BRICS alliance
For much of the last several years, the BRICS bloc has sought to challenge the dominance of the greenback. Moreover, they have even considered the creation of their own economic alliance. A big reason was to create an alternative world order, one that doesn’t so easily rely on the West.
Also Read: BRICS to Introduce Bitcoin Reserve? Us Expert Says Its Possible
That message caught on, and its influence is what drove Trump to focus on countering it. Yet, recent data has reinforced why it became important to begin with. Indeed, BRICS nation China has announced its trade surplus has hit $1 trillion amid its US faceoff.
That reality reinforces the potential of the Chinese economy to continue to flourish. The US goods trade deficit reached a record $122 billion, according to a Reuters report. Moreover, China has also announced a 5% economic growth figure, which only assures it is a key alternative to Western dominance.
Trump has warned of incoming tariffs, but the data makes that a concerning proclamation. How both sides respond will have monumental geopolitical implications. To this point, China has not budged on its BRICS-related efforts. Alternatively, the US President has not sought producing discussions. Only time will tell where the faceoff goes in the coming months.