In response to U.S. President Donald Trump's threat to impose an extra 10% tariff on BRICS countries, a spokesperson for the Chinese Foreign Ministry urged calm and cooperation.
At a regular press briefing in Beijing, Mao Ning emphasized that the BRICS mechanism—designed to foster collaboration among emerging markets and developing nations—is 'not targeted at any country.' She outlined three key principles:
- Openness and inclusiveness over bloc confrontation.
- Win-win cooperation rather than protectionism.
- A reminder that tariff wars produce no winners.
Her remarks come amid rising tensions in global trade, where threats of higher tariffs can disrupt supply chains and send shockwaves through markets. For entrepreneurs and young professionals tracking economic trends, this exchange highlights the risks of protectionist measures on innovation and growth.
As BRICS members weigh their next steps, all eyes are on whether open dialogue can prevail over escalating threats—and how this chapter will shape the future of international trade.
Reference(s):
cgtn.com
