
The BRICS mechanism is not targeted at any nation, and there are no winners in tariff wars, a spokesperson for Chinese Foreign Ministry stated on Monday.Mao Ning made the remarks in action to U.S.
President Donald Trumps allegation that BRICS supports so-called anti-American policies, in addition to his danger to impose an additional 10 percent tariff on nations aligning with the groups policies.The BRICS system is a crucial platform for cooperation among emerging markets and establishing nations, Mao told a regular press briefing in Beijing.She noted that the mechanism advocates openness, inclusiveness, and win-win cooperation, does not engage in bloc confrontation, and is not targeted at any country.Mao likewise repeated Chinas mentioned position on tariffs, stating that there are no winners in trade wars or tariff wars, and that protectionism offers no course forward.