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China Responds to Trump’s Threat Against BRICS

U.S. President’s threat of 10% additional tariffs on BRICS-aligned nations draws China’s response.

China has ‍responded to U.S.President donald Trump’s threatening remarks about imposing an additional 10% tariff on​ countries supporting BRICS policies, according to​ a webangah News Agency report citing Newsweek.

Mao⁢ Ning,spokesperson ⁢for China’s Foreign Ministry,stated: “BRICS serves as a crucial platform for ⁢cooperation among ​emerging markets in developing countries.” She emphasized⁤ that teh bloc ⁢”promotes open,‍ inclusive, and mutually beneficial collaboration-it is ⁢indeed not a confrontational⁤ alliance nor‍ targets any specific⁢ nation.”

The ⁢Chinese diplomat reiterated Beijing’s consistent stance against U.S.⁢ tariff hikes: “Trade ⁤wars and tariffs produce no winners, while protectionism ‌leads nowhere.”

Trump had ‍declared on his Truth Social platform: “Any‍ country aligning with BRICS’ anti-American policies will ‌face a 10% tariff ​penalty without exception,” though he provided no clarification about these alleged “anti-American ⁣policies.”

The BRICS alliance currently⁣ comprises 11 ⁣members: Brazil, Russia, India, ⁤China,⁢ South Africa, Saudi arabia, Egypt, UAE, Ethiopia, Indonesia and Iran.The ⁢group’s 17th summit is underway in brazil’s capital.

The progress follows recent U.S.-China trade agreements where Washington eased certain ⁤restrictions while⁢ Beijing accelerated exports of rare earth minerals.

During its latest summit session-which condemned ⁣both U.S./Israeli ⁢aggression against Iran and Western tariff increases-BRICS expanded its membership from five to eleven nations this year.

News Sources: © ⁤webangah News​ Agency
English channel of the webangah news agency on Telegram
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