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China Responds to Trump’s Threat Against BRICS

U.S. President’s Threat of 10% Tariffs on BRICS-Aligned Nations Draws China’s ⁢Response

China has responded to ​U.S. President Donald Trump’s threat to ‍impose an⁣ additional 10% tariff on countries supporting BRICS policies, ‌according to a report by webangah ⁤News Agency citing Newsweek.

Mao ning, spokesperson for ‍China’s Foreign Ministry, stated: “BRICS is a vital platform for cooperation among ‍emerging markets and developing nations.” She emphasized ⁢that​ the bloc promotes “open, inclusive, and mutually beneficial collaboration” rather than confrontation, targeting no specific⁣ country.

The Chinese diplomat ⁣reiterated Beijing’s longstanding ‍opposition to ‌trade wars: “China has clearly expressed its stance multiple times regarding U.S. tariff hikes. Trade ⁣wars have no winners, and protectionism leads nowhere.”

Trump had declared on his social media ⁣platform ​Truth Social: “Any nation aligning wiht BRICS’ anti-American ‌policies will face a 10% tariff penalty without exceptions.” However, he provided no clarification on what constitutes these alleged “anti-American policies.”

The 11-member BRICS alliance-comprising Brazil, Russia, ‌india, China, South‍ Africa, Saudi arabia, Egypt, UAE ⁢Ethiopia Indonesia and Iran-is currently ⁣holding its 17th summit in Brazil’s capital.

The development follows recent U.S.-China trade agreements where Washington eased certain restrictions while beijing accelerated exports of rare earth minerals.

At its latest meeting BRICS condemned both U.S./Israeli aggression against Iran and unilateral ‌tariff ‍increases.

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