China Responds to Trump's Tariff Threats Against BRICS Nations
China's Stance on BRICS Amid US Tariff Threats
Beijing: On Monday, China asserted that BRICS is not a confrontational bloc and does not aim its policies against any third nation. This statement came in response to US President Donald Trump's warning of imposing an additional 10% tariff on countries that align with what he termed the 'anti-American policies' of the BRICS grouping.
During a media briefing, Chinese Foreign Ministry spokesperson Mao Ning emphasized that BRICS serves as a vital platform for collaboration among emerging markets and developing nations.
Mao reiterated that BRICS promotes principles of openness, inclusivity, and mutual benefit.
She stated, "It is not a bloc for confrontation nor does it target any country," while addressing Trump's tariff threats.
Mao clarified China's position regarding the tariff hikes, stating, "Trade and tariffs have no winners, and protectionism leads to no positive outcomes."
Trump announced on Monday that any nation aligning with the anti-American stance of BRICS would incur an ADDITIONAL 10% tariff, asserting that there would be no exceptions to this policy.
His remarks followed a BRICS condemnation of the tariff increases, although they did not mention Trump by name. The leaders of BRICS are set to convene in Brazil for the 17th BRICS Summit on July 6-7.
Originally, BRICS included Brazil, Russia, India, China, and South Africa, but expanded in 2024 to incorporate Egypt, Ethiopia, Iran, and the United Arab Emirates, with Indonesia expected to join in 2025.
