By Martin Shwenk Leade
Donald Trump, Xi Jinping (L-R)
BEIJING: China opposes tariffs being used as a tool to coerce others, the Chinese foreign ministry said on Monday, after U.S. President Donald Trump threatened an extra 10% tariffs on countries aligning themselves with the BRICS group of developing nations. The use of tariffs serves no one, said Mao Ning, spokesperson of the ministry, at a regular press conference. The original BRICS group gathered leaders from Brazil, Russia, India and China at its first summit in 2009. The bloc later added South Africa and last year included Egypt, Ethiopia, Indonesia, Iran, and the United Arab Emirates as members. (You can now subscribe to our Economic Times WhatsApp channel)
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(You can now subscribe to our Economic Times WhatsApp channel)Read More News onChina tariffs oppositionUS President Trump tariffsBRICS countries tariffsChinese foreign ministry statementinternational trade tensionsBRICS summit historyChinese foreign ministrychinaBRICSDonald Trump(Catch all the Business News, Breaking News, Budget 2025 Events and Latest News Updates on The Economic Times.) Subscribe to The Economic Times Prime and read the ET ePaper online….moreless
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