BRICS, the grouping that also includes Brazil, Russia and India is not seeking “confrontation”, China said on Monday after US President Donald Trump vowed to impose an extra 10 per cent tariff on countries aligning with the bloc.
Talking to reporters, Mao Ning, China’s foreign ministry spokesperson said, “Regarding the imposition of tariffs, China has repeatedly stated its position that trade and tariff wars have no winners and protectionism offers no way forward.”
Beijing further defended the grouping as “an important platform for cooperation between emerging markets and developing countries”.
“It advocates openness, inclusivity and win-win cooperation,” Mao said.
“It does not engage in camp confrontation and is not targeted at any country,” she said.
