The Chinese Foreign Ministry slammed U.S. President Donald Trump’s threat to impose a 10% tariff on BRICS members, and any country “aligned” with them.
“On the U.S. tariff hikes, China has made its position clear more than once. Trade war and tariff war have no winners, and protectionism leads nowhere,” Chinese Foreign Ministry spokeswoman Mao Ning asserted at a press briefing today, commenting on the White House plans to impose 10% tariffs on countries supporting BRICS.
Mao added that “We oppose trade wars and tariff wars. Tariff should not be used as a tool for coercion and pressuring. Arbitrary tariff hikes serve no one’s interest”
