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BRICS blast 'resurgence of protectionism' in Trump era

  • Senior diplomats from the BRICS bloc met on April 28, 2025, in Rio de Janeiro, Brazil, for two days of talks ahead of a July leaders summit.
  • The meeting was convened to coordinate a collective response among BRICS nations to the stringent tariffs imposed by US President Donald Trump, which include charges as high as 145% on Chinese imports.
  • BRICS, now expanded to 11 members including Iran, Egypt, and the UAE, accounts for 39% of global GDP and nearly half the world population.
  • BRICS aims to boost the use of their individual national currencies in trade among member countries, though plans for a shared currency are considered premature, according to remarks made by Sergei Lavrov.
  • The talks underscored BRICS’s focus on resisting unilateral trade actions and reaffirming multilateral trading systems amid global economic uncertainty.
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On Tuesday, the BRICS expressed their strong opposition to the “resurrection of trade protectionism” at the close of their meeting of foreign ministers in Rio de Janeiro, in the face of the aggressive tariff policies of US President Donald Trump. The group of emerging economies, with China as a heavyweight, proclaimed in favour of multilateralism as a counterweight to unilateral measures that have generated global trade tensions. The bloc underl…

·Washington, United States
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ABC FOX MontanaABC FOX Montana
+8 Reposted by 8 other sources
Center

BRICS blast 'resurgence of protectionism' in Trump era

China, Brazil and other members of the BRICS grouping on Tuesday slammed the "resurgence of trade protectionism" at a meeting in Rio de Janeiro dominated by US President Donald Trump's tariffs blitz.

·Missoula, United States
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The BRICS Group sees itself as an alternative bloc that wants to reduce the influence of the West. Donald Trump's protectionist trade policy spurs this effort.

·Frankfurt, Germany
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EBC broke the news in Quadra, Brazil on Saturday, April 26, 2025.
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