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News18
07-07-2025
- Business
- News18
"No Winners..." China Reacts As Trump Threatens to Slap Extra 10% Tariff On 'Anti-US' BRICS Allies
Last Updated: Crux Videos China said on Monday (July 7) 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 he would send the first tariff letters to various countries on Monday (July 7), days before his deadline for trading partners to reach a deal said on Sunday (July 6) 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 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. n18oc_world n18oc_crux0:00 INTRODUCTION3:26 NO WINNERS IN TRADE AND TARIFF WARS, CHINA WARNS 4:16 TRUMP DELAYS IMPOSITION OF TARIFFS UNTIL AUGUST 1 More from world 'Australia's Trial Of The Century' Erin Patterson Guilty Of Murdering Relatives With Toxic Mushrooms 'Australia's Trial Of The Century' Erin Patterson Guilty Of Murdering Relatives With Toxic Mushrooms trending news Finding love at 75 and 79: Elderly duo marries in Kerala old age home Two dead, over 140 taken ill following diarrhoea outbreak in Odisha's Ganjam Yuki-Galloway crashes out of Wimbledon men''s doubles Wall Street moves lower as Trump's tariff deadline nears latest news
News18
07-07-2025
- Lifestyle
- News18
Lebanon Approves US Roadmap to Disarm Hezbollah? Trump Envoy 'satisfied,' Qassem Vows to 'Confront'
Get breaking news, in-depth analysis, and expert perspectives on everything from geopolitics to diplomacy and global trends. Stay informed with the latest world news only on News18. Download the News18 App to stay updated! More from world 'Australia's Trial Of The Century' Erin Patterson Guilty Of Murdering Relatives With Toxic Mushrooms "No Winners..." China Reacts As Trump Threatens to Slap Extra 10% Tariff On 'Anti-US' BRICS Allies 'Australia's Trial Of The Century' Erin Patterson Guilty Of Murdering Relatives With Toxic Mushrooms trending news Finding love at 75 and 79: Elderly duo marries in Kerala old age home Two dead, over 140 taken ill following diarrhoea outbreak in Odisha's Ganjam Yuki-Galloway crashes out of Wimbledon men''s doubles Wall Street moves lower as Trump's tariff deadline nears latest news
