Space Travel News
TRADE WARS
China says BRICS not seeking 'confrontation' after Trump tariff threat
China says BRICS not seeking 'confrontation' after Trump tariff threat
by AFP Staff Writers
Beijing (AFP) July 7, 2025

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 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.

Trump said he would send the first tariff letters to various countries on Monday, days before his deadline for trading partners to reach a deal expires.

He said on Sunday he would send a first batch of up to 15 letters, warning that US levies on imports would snap back to the high levels he set in April if countries failed to make agreements.

And, in a post on his Truth Social network, he threatened a further 10 percent tariff on countries aligning themselves with the emerging BRICS nations, accusing them of "anti-Americanism" after they slammed his tariffs at a summit in Rio de Janeiro on Sunday.

Conceived two decades ago as a forum for fast-growing economies, BRICS has come to be seen as a Chinese-driven counterbalance to US and western European power.

However, Beijing defended the grouping on Monday as "an important platform for cooperation between emerging markets and developing countries".

"It advocates openness, inclusivity and win-win cooperation," Mao said.

"It does not engage in camp confrontation and is not targeted at any country," she said.

Related Links
Global Trade News

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
TRADE WARS
US-Vietnam trade deal sows new China standoff
Hanoi (AFP) July 3, 2025
Vietnam's trade deal with the United States averts the most punishing of Donald Trump's "reciprocal" levies but has provoked new friction between Washington and Beijing. Vietnam has the third-biggest trade surplus with the United States of any country after China and Mexico, and was targeted with one of the highest rates in the US president's "Liberation Day" tariff blitz on April 2. The deal announced Wednesday is the first full pact Trump has sealed with an Asian nation, and analysts say it ma ... read more

TRADE WARS
TRADE WARS
Red, white and blue on the Red Planet

European students complete immersive analog Mars mission in Portugal

Why is there no life on Mars? Rover finds a clue

NASA Mars Orbiter Learns New Moves After Nearly 20 Years in Space

TRADE WARS
Chinese 3D printing system uses lunar soil to construct habitats

New Ocula imaging service to deliver detailed lunar data from orbit

Japan's ispace blames 'hard landing' on moon on Laser Range Finder

DLR and NASA expand Artemis partnership with enhanced lunar radiation detectors

TRADE WARS
Unexpected Dust Patterns Found on Uranus Moons Confound Scientists

SwRI study shows Europa's icy surface constantly reshaping

The hunt for mysterious 'Planet Nine' offers up a surprise

Jupiter Was Formerly Twice Its Current Size and Had a Much Stronger Magnetic Field

TRADE WARS
Earth-sized planets commonly found around smallest stars reveals CARMENES data

New exoplanet discovery reveals rare gas giant through global citizen science effort

Earth sized planets frequently orbit red dwarf stars study finds

Fish biofluorescence evolved independently over 100 times in evolutionary history

TRADE WARS
Electrolyzer experiment from SwRI and UTSA to fly in low gravity test mission

Competing wave patterns may unlock turbulent secrets in hypersonic vehicle design

Gilmour Space again delays launch of Australia's first orbital rocket

NASA prepares sensor breakthrough for upcoming hypersonic rocket flights

TRADE WARS
Chinese Long March Rockets Make International Debut at Paris Air Show

China Shenzhou XX crew advances cognitive and biotech research aboard Tiangong

Chinese rocket delivers e-commerce packages in sea recovery test

China Establishes UN-SPIDER Regional Support Office at Wuhan University

TRADE WARS
Third-ever confirmed interstellar object blazing through Solar System

NASA raises chance for asteroid to hit moon

Asteroid 2024 YR4 poses low risk of Moon impact in 2032

Earth's satellites at risk if asteroid smashes into Moon: study

Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.