President Donald Trump said there would be no exceptions to his latest tariff policy.
China said BRICS does not seek confrontation or target any country after U.S. President Donald Trump threatened a new 10 percent tariff.
Trump said in a July 6 post on Truth Social that the additional levy would hit any country „aligning themselves with the Anti-American policies of BRICS“, an economic group of developing countries. He said there would be no exceptions.
It is formed of 11 countries: Brazil, Russia, India, China, South Africa, Saudi Arabia, Egypt, United Arab Emirates, Ethiopia, Indonesia, and Iran. They their 17th BRICS summit in Brazil at the weekend.
„BRICS is an important platform for cooperation among emerging markets in developing countries“, said Mao Ning, a spokeswoman for the Chinese foreign ministry, at her press briefing on July 7.
