After Trump threatens a group he called ‘anti-American’, Chinese diplomacy spokeswoman Mao Ning argued that ‘trade wars have no winners’ and protectionism is not the way to follow’
Photo: Ricardo Stuckert / PR
THE China said on Monday (7) that the countries of the BRICSwhich include Brazil, Russia, India, China and South Africa, do not seek “confrontation” after the president of the United StatesDonald Trump threatened to apply additional rates to the group, which he called “anti -American.” “Regarding the imposition of tariffs, China has repeatedly declared its position that commercial and tariff wars have no winners and that protectionism is not the way to follow,” said Foreign Ministry spokeswoman Mao Ning.
Trump He said he will send letters to 15 countries to warn that if there are no new negotiations, he will apply the high rates he announced in April again. In a publication on his social Truth network, the US president threatened to impose an additional 10% rate on countries aligning with BRICS, which he qualified as “anti -Americans” for his criticism of the United States trade policy during a summit meeting that takes place in Rio de Janeiro.
The group, initially formed by Brazil, Russia, India, China and South Africa, was recently expanded to 11 countries and represents almost half of the world’s population and about 40% of GDP. The bloc is considered a counterweight to the power of the United States and Western Europe.
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China argues that BRICS is “an important platform for cooperation between emerging markets and developing countries,” according to the spokesman for the Ministry of Foreign Affairs. “It advocates for the opening, inclusion and cooperation of mutual benefit,” he said.
*With information from AFP
Source: Jovempan
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