China says BRICS not seeking 'confrontation' after Trump tariff threat

China said on Monday that BRICS, the grouping that also includes Brazil, Russia and India, was not seeking "confrontation" after US President Donald Trump vowed to impose an extra 10 percent tariff on countries aligning with the bloc. "Regarding t...

LIVE | China hits back at Trump’s 10% tariff threat, says BRICS is not against any country
China said on Monday that BRICS, the grouping that also includes Brazil, Russia and India, was not seeking "confrontation" after US President Donald Trump vowed to impose an extra 10 percent tariff on countries aligning with the bloc.

ALSO READ: Trump threatens to impose 10% additional tariff on nations backing 'anti-American' BRICS

"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," foreign ministry spokeswoman Mao Ning said.

Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › International › Global Trends › China says BRICS not seeking 'confrontation' after Trump tariff threat
Text Size:AAA
Success
This article has been saved

*

+