Posted on 07/07/2025 10:24:08 AM PDT by marcusmaximus
President Trump’s threat to put new tariffs on countries embracing the policies of the Brics group has added fresh uncertainty to global trade and prompted pushback from Moscow and Beijing.
Trump posted on social media that countries aligning themselves with “the Anti-American policies of Brics, will be charged an ADDITIONAL 10% Tariff.”
-snip-
Responding to Trump’s threats, a spokeswoman for China’s Foreign Ministry stated on Monday its oft-repeated line that trade wars and tariff wars have no winners. Brics “does not target any country.” The Kremlin echoed those remarks, saying that Brics “has never been and will never be directed against third countries.”
(Excerpt) Read more at msn.com ...
It looks like some here lost their enthusiasm for Brics.
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