CHINA IS THE MAJORITY TRADING PARTNER
CAN THE US FORCE THIS TO CHANGE?
A look at the map above does not need an explanation and it is unlikely that it has improved since 2024. Is it practical for these nations to be forced into using the dollar as its trading currency? Geographically they are closer and China does offer them a wide variety of useful goods.
I suspect the vast majority of trade with the US is military arms.
Of course today, due to the ongoing conflict, these gulf countries have very little income, little trade and an uncertain future. It could be that the above numbers are part of the real reason that they are now caught in this situation. They have all become major trading partners with China, including Israel. I suspect with a free choice they would continue to these kind of trading numbers.
It is interesting that Saudi Arabia who has been trading oil in other currencies, rather than the dollar is now in a precarious situation. In fact, just this week Saudi Arabia has pledged to not use the BRICS payment settlement system in the future.
An escalation of the war with Iran will likely end the income for all these gulf nations for many years, cut off China from the regions oil and open the door for US complete control of gulf resources.
That is if it can maintain its economic and military ability and internal political stability to continue on this path.
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