Apr 30, 2025 01:58 AM IST
The BRICS bloc didn’t situation a joint assertion, though, the overseas minister of Brazil acknowledged there was full consensus on commerce conflicts and tariffs.
International ministers of BRICS nations, together with China and Russia, on Tuesday slammed the “resurgence of commerce protectionism” at a gathering in Rio de Janeiro dominated by President Donald Trump’s tariffs blitz.
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Mauro Vieira, the overseas minister of Brazil, which holds the rotating BRICS presidency, mentioned the 11-nation group underscored its “agency rejection” of protectionism, with out explicitly referring to Trump.
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Since returning to the White Home in January, the US chief has hit dozens of nations with a blanket 10 % tariff, however China faces levies of as much as 145 % on many merchandise.
Beijing has responded with duties of 125 % on US items.
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The BRICS bloc, which was based by Brazil, Russia, India and China in 2009 and has since expanded to incorporate Egypt, Ethiopia, Indonesia, Iran, Saudi Arabia, South Africa and the United Arab Emirates, has turn into a key dialogue discussion board for non-Western powers.
The overseas ministers gathered in Rio three months earlier than a leaders’ summit didn’t situation a joint assertion however Vieira mentioned there was “absolute consensus” on the problem of “commerce conflicts and tariffs.”
