US EditionBRICS 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.
134 Articles
134 Articles
China seeks diplomatic openings in face of US trade pressure
The NewsChina sought to position itself as a defender of the global trading order and a stable partner for capitals reeling from chaotic US policy. China’s foreign minister told counterparts at a Rio de Janeiro meeting of the BRICS bloc that Beijing standing up to the US in the face of trade pressure was in “the common interest of all countries,” while a foreign ministry spokesman today said Beijing’s EU ties offered “precious stability and cert…
Faced with Trump, the BRICS reject the "resurrection of protectionism"
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…
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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.
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