China Clarifies Position on BRICS and Tariffs Amidst Rising US Trade Tensions
BRICS not aiming for 'confrontation', says China, as Trump threatens higher tariffs on countries aligned with the bloc.
China's foreign ministry spokeswoman Mao Ning confirmed on Monday that BRICS, an acronym representing Brazil, Russia, India, and China, along with South Africa, is not pursuing any confrontations.
This statement comes amid rising trade tensions between the US and other nations.
The clarification was provided in response to US President Donald Trump's announcement of an additional 10 percent tariff imposition on countries that align with BRICS.
BRICS has been conceived two decades ago as a forum for fast-growing economies, serving as what many perceive as a Chinese-driven counterbalance to the dominance of the United States and Western Europe.
The organization is seen as offering an alternative economic and political platform.
However, China's foreign ministry spokesperson Mao Ning defended BRICS by stating that it advocates for openness, inclusivity, and win-win cooperation.
She emphasized that the bloc does not aim for camp confrontation or target any specific country.
The recent summit in Rio de Janeiro witnessed criticism of Trump’s tariffs from several nations, leading to his threatened retaliatory measures.
These measures could include an additional 10 percent tariff increase on countries aligning with BRICS.
The move by Trump to impose these tariffs is set against the backdrop of a deadline for trading partners to reach agreements with him, which expires shortly.
The BRICS alliance has been gaining prominence in recent years as it expands its scope and influence, particularly in areas such as trade, technology, and geopolitics.
As tensions between global economic powers escalate, the role of BRICS becomes increasingly significant.
Both China and other member nations have continued to stress that their goal is not confrontation but rather fostering economic cooperation among emerging markets and developing countries.
This statement comes amid rising trade tensions between the US and other nations.
The clarification was provided in response to US President Donald Trump's announcement of an additional 10 percent tariff imposition on countries that align with BRICS.
BRICS has been conceived two decades ago as a forum for fast-growing economies, serving as what many perceive as a Chinese-driven counterbalance to the dominance of the United States and Western Europe.
The organization is seen as offering an alternative economic and political platform.
However, China's foreign ministry spokesperson Mao Ning defended BRICS by stating that it advocates for openness, inclusivity, and win-win cooperation.
She emphasized that the bloc does not aim for camp confrontation or target any specific country.
The recent summit in Rio de Janeiro witnessed criticism of Trump’s tariffs from several nations, leading to his threatened retaliatory measures.
These measures could include an additional 10 percent tariff increase on countries aligning with BRICS.
The move by Trump to impose these tariffs is set against the backdrop of a deadline for trading partners to reach agreements with him, which expires shortly.
The BRICS alliance has been gaining prominence in recent years as it expands its scope and influence, particularly in areas such as trade, technology, and geopolitics.
As tensions between global economic powers escalate, the role of BRICS becomes increasingly significant.
Both China and other member nations have continued to stress that their goal is not confrontation but rather fostering economic cooperation among emerging markets and developing countries.
