Credible News
  • Home
  • Conflict
  • Crime
  • Education
  • Economy
  • Entertainment
  • Foreign
  • Health
  • ICT
  • Legal
  • Politics
  • Security
  • Sports
No Result
View All Result
  • Home
  • Conflict
  • Crime
  • Education
  • Economy
  • Entertainment
  • Foreign
  • Health
  • ICT
  • Legal
  • Politics
  • Security
  • Sports
No Result
View All Result
Credible News
No Result
View All Result

China slams Trump’s tariff threat against BRICS

Says bloc promotes cooperation, not confrontation.

admin by admin
July 7, 2025
in Conflict, Economy, Foreign, Human Interest, News
0
President of China, Xi Jinping.

President of China, Xi Jinping.

0
SHARES
10
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

China has dismissed U.S. President Donald Trump’s threat to impose an additional 10% tariff on countries aligning with the BRICS bloc, saying the alliance is not aimed at provoking confrontation or undermining the United States.

Trump’s remarks, made during and after the recent BRICS summit in Rio de Janeiro, triggered international concern about renewed tensions in global trade.

The summit, which gathered leaders from Brazil, Russia, India, China, and South Africa, emphasized a commitment to multilateralism and fair economic practices.

But Trump, in a strongly worded post on his Truth Social platform, labeled BRICS’ position as “anti-American” and warned of economic consequences for any country joining or siding with the group.

“Any country aligning themselves with the Anti-American policies of BRICS will be charged an ADDITIONAL 10% tariff,” Trump wrote. “There will be no exceptions.”

READ ALSO: Trump threatens new tariffs on BRICS nations

In response, Chinese foreign ministry spokesperson Mao Ning clarified at a press briefing on Monday that the BRICS group does not seek to challenge the United States or promote hostility. “Trade and tariff wars have no winners,” she said. “Protectionism is not the way forward.”

She further emphasized that BRICS stands for openness and collaboration. “It advocates inclusivity and win-win cooperation,” Mao stated.

“The bloc is an important platform for cooperation between emerging markets and developing countries. It does not engage in bloc politics or camp confrontation.”

China’s remarks come as Trump’s administration ramps up its pressure on trading partners, with a July 9 deadline looming for countries to sign revised trade agreements.

The U.S. president has pledged to send up to 15 tariff warning letters this week, escalating concerns over a new wave of economic protectionism.

Observers have noted that Trump’s rhetoric represents a broader strategy to assert American dominance in global economic affairs ahead of the 2026 midterm elections.

By painting BRICS as a counterforce, Trump appears to be reinforcing his “America First” agenda.

BRICS, originally formed to provide a platform for fast-growing economies, has increasingly become associated with efforts to reduce reliance on the U.S.-dominated global financial system.

In recent years, the group has taken steps to deepen financial integration, including discussions around a shared payment system and reduced dependence on the U.S. dollar.

Despite this, China insists the bloc is not a threat to any country. “We call on all nations to focus on cooperation and development, not confrontation and division,” Mao concluded.

The Guardian

 

Tags: BRICSChinaPresident Donald TrumpUSA
Previous Post

Diaz, Hernández set for big summer transfers

Next Post

Kano erupts as Sanusi, Bayero factions violently collide

admin

admin

Next Post
Kano erupts as Sanusi, Bayero factions violently collide

Kano erupts as Sanusi, Bayero factions violently collide

ADVERTISEMENT
  • Trending
  • Comments
  • Latest
Kwara State university campus in Osi ready for first lectures

Kwara State university campus in Osi ready for first lectures

November 18, 2024
Police warn Lagosians against economic disturbance during NLC protest

Police in Kano urges caution as Muslims begin Ramadan

March 11, 2024
In the dark: UCH’s mounting power crisis

Is UCH in darkness: Need for responsible journalism!

February 9, 2025
Tiktok

Court remands Tik Toker for posting President Tinubu’s obituary

July 25, 2025
Corper recounts ordeal of Agunechemba attack, seeks prosecution

Corper recounts ordeal of Agunechemba attack, seeks prosecution

2

ADC begins online membership registration

2
Biden arrives Israel

Biden visits Israel amidst killing of more Palestinians

1
handcuffs

Police arrests 34-year-old man for raping 90-year-old woman

1
(L-R) Aisha Binani, Peter Obi, Seriake Dickson and Rabiu Kwankwaso at the meeting on Sunday

NDC gives Obi hope for 2027 presidential race

May 9, 2026
Dickson welcomes Obi, Kwankwaso to NDC

NDC convention draws thousands in Abuja

May 9, 2026

The curse of Eton: Why Nigeria’s elite children keep dying

May 9, 2026
WHO Director General, Dr. Tedros Adhanom Ghebreyesus

WHO Chief to coordinate hantavirus ship evacuation

May 9, 2026

Recent News

(L-R) Aisha Binani, Peter Obi, Seriake Dickson and Rabiu Kwankwaso at the meeting on Sunday

NDC gives Obi hope for 2027 presidential race

May 9, 2026
Dickson welcomes Obi, Kwankwaso to NDC

NDC convention draws thousands in Abuja

May 9, 2026

The curse of Eton: Why Nigeria’s elite children keep dying

May 9, 2026
WHO Director General, Dr. Tedros Adhanom Ghebreyesus

WHO Chief to coordinate hantavirus ship evacuation

May 9, 2026
Credible News

At Credible News we seek, process and serve news, opinions and analyses that are verifiable and reliable.
We also provide readers with authentic and credible facts and figures, news, opinions and analyses to make informed choices.

Follow Us

Browse by Category

  • Accident
  • Agriculture
  • Banking
  • Conflict
  • Crime
  • Development
  • Economy
  • Education
  • Entertainment
  • Fashion
  • Features
  • Foreign
  • Global Trade
  • Health
  • Human Interest
  • ICT
  • Interviews
  • Legal
  • Life Style
  • News
  • Oil & Gas
  • Opinion
  • Politics
  • Religion
  • Security
  • Sports
  • Travel
  • Trending
  • Women

Recent News

(L-R) Aisha Binani, Peter Obi, Seriake Dickson and Rabiu Kwankwaso at the meeting on Sunday

NDC gives Obi hope for 2027 presidential race

May 9, 2026
Dickson welcomes Obi, Kwankwaso to NDC

NDC convention draws thousands in Abuja

May 9, 2026
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2024 Credible News - The place for all factual stories. Designed by VintoICT Solutions.

No Result
View All Result
  • Home
  • Conflict
  • Crime
  • Education
  • Economy
  • Entertainment
  • Foreign
  • Health
  • ICT
  • Legal
  • Politics
  • Security
  • Sports

© 2024 Credible News - The place for all factual stories. Designed by VintoICT Solutions.