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Trump vows bigger tariffs for ‘anti-American’ policies as China calls for Brics cohesion

Trade restrictions may worsen ‘economic disparities’ and affect ‘prospects for global economic development’: Brics declaration

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China’s Premier Li Qiang attends the first plenary session of the Brics summit in Rio de Janeiro, Brazil, on July 6. Bloc leaders voiced concerns over the growing use of unilateral tariff and non-tariff measures. Photo: AFP

US President Donald Trump has threatened to slam an additional 10 per cent tariffs on countries supporting what he calls “anti-American policies” after the leaders of Brics nations condemned unilateral tariffs.

His warning came as Chinese Premier Li Qiang urged Brics members to lead reforms of global governance and to uphold independence and act collectively amid the threat of higher tariffs from the United States.
“As the leading bloc of the Global South, Brics countries should … strive to be a pioneering force in advancing the reform of global governance,” Li said in a speech at the Brics summit on Sunday and released on Monday morning.

At an event widely seen as a direct challenge to the Western-led world order, the premier said member states should uphold independence, show a sense of responsibility and take greater action to build consensus and pool their strengths.

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Brics leaders condemn strikes on Iran and tariffs but avoid direct mention of US, Israel

Brics leaders condemn strikes on Iran and tariffs but avoid direct mention of US, Israel

As the clock counts down to a US tariff deadline on Wednesday, Brics delegates pledged in a joint declaration to strengthen multilateralism to “strengthen Global South cooperation for a more inclusive and sustainable governance”.

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