BRICS nations slam Trump tariffs, condemn strikes on Iran
Voicing “serious concerns about the rise of unilateral tariff” measures, BRICS members said the tariffs risked hurting the global economy, according to a summit joint statement.
Voicing “serious concerns about the rise of unilateral tariff” measures, BRICS members said the tariffs risked hurting the global economy, according to a summit joint statement.
RIO DE JANEIRO, Brazil: BRICS leaders at a summit on Sunday took aim at US President Donald Trump’s “indiscriminate” import tariffs. The 11 emerging nations — including Brazil, Russia, India, China and South Africa — account for about half the world’s population and 40 percent of global economic output. The bloc is divided about much, but found common cause when it comes to
US officials flagged a delay on tariffs, with higher rates to take effect on Aug 1, but failed to provide much detail on the change.
El foro, formado por once países del Sur Global, enfatizó su apoyo al multilateralismo y rechazó las medidas proteccionistas, en la que están los aranceles “indiscriminados”.
BRICS nations represent more than half of world population with over 30 nations interested in participating
President says team will start sending trade partners letters with new tariff rates ahead of this week’s original 90-day deadline to make deal
BRICS leaders set to discuss key global political issues, but questions over the bloc’s cohesion arose as Chinese President Xi Jinping and Russian President Vladimir Putin opted to skip the summit.
The US will notify other countries of higher tariff rates by July 9, with these rates set to take effect on Aug 1. Read more at straitstimes.com.
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