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BTCC / BTCC Square / Global Cryptocurrency /
BRICS: China Eyes EU Partnership to Counter US ‘Abuse’

BRICS: China Eyes EU Partnership to Counter US ‘Abuse’

Global Cryptocurrency
Author:
Global Cryptocurrency
Release Time:
2025-04-16 19:56:02
0
With geopolitical tensions reaching a fever pitch, the BRICS economic alliance has become central as China seeks a new European Union (EU) partnership to counter what it sees as ’abuse’ from the US. China is now facing tariffs as high as 245% from the United States, according to a recent White House update. This has led to a tariff war that could potentially wreak havoc on the global economy, prompting concerns from figures such as JPMorgan CEO Jamie Dimon about the damage a trade war could do to the Western power and its global standing.
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