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China slams Trump's tariffs on BRICS countries
The Chinese Foreign Ministry commented on Monday on United States President Donald Trump imposing a 10% tariff on countries aligned with the BRICS group, stating that it opposes the use of tariffs "as a tool to coerce others." BRICS includes Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran and the United Arab Emirates. The ministry repeated that restrictive trade measures "serve no one" and that "there are no winners in a trade war." In his announcement, Trump described BRICS policies as "anti-American" and added that "there will be no exceptions to this policy," without detailing ... (full story)
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- Jul 7, 2025 4:16am Posted byFundamental Analysis128,026
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