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Developing nations at the BRICS summit connected Monday (July 7, 2025) brushed distant an accusation from President Donald Trump that they are "anti-American," with Brazil's President saying the satellite does not request an emperor aft the U.S. person threatened other tariffs connected the bloc.
Trump's menace connected Sunday (July 6, 2025) nighttime came arsenic the U.S. authorities prepared to finalize dozens of commercialized deals with a scope of countries earlier his July 9 deadline for the imposition of important "retaliatory tariffs."
The Trump medication does not mean to instantly enforce an additional 10% tariff against BRICS nations, arsenic threatened, but volition proceed if idiosyncratic countries instrumentality policies his medication deems "anti-American," according to a root acquainted with the matter.
Lula connected Trump tariff
At the extremity of the BRICS acme successful Rio de Janeiro, Mr. Lula was defiant erstwhile asked by journalists astir Trump's tariff threat: "The satellite has changed. We don't privation an emperor."
"This is simply a acceptable of countries that wants to find different mode of organizing the satellite from the economical perspective," helium said of the bloc. "I deliberation that's wherefore the BRICS are making radical uncomfortable."
In February, Mr. Trump warned the BRICS would look "100% tariffs" if they tried to undermine the relation of the U.S. dollar successful planetary trade. Brazil's BRICS presidency had already backed disconnected efforts to beforehand a communal currency for the radical that immoderate members projected past year.
But Mr. Lula repeated connected Monday (July 7, 2025) his presumption that planetary commercialized needs alternatives to the U.S. dollar.
"The satellite needs to find a mode that our commercialized relations don't person to walk done the dollar," Mr. Lula told journalists astatine the extremity of the BRICS acme successful Rio de Janeiro.
"Obviously, we person to beryllium liable astir doing that carefully. Our cardinal banks person to sermon it with cardinal banks from different countries," helium added. "That's thing that happens gradually until it's consolidated."
Other BRICS members besides pushed backmost against Trump's threats much subtly.
South African President Cyril Ramaphosa told reporters that the radical does not question to vie with immoderate different powerfulness and expressed assurance successful reaching a commercialized woody with the U.S.
"Tariffs should not beryllium utilized arsenic a instrumentality for coercion and pressuring," Mao Ning, the Chinese overseas ministry spokesperson said successful Beijing. The BRICS advocates for "win-win cooperation," she added, and "does not people immoderate country."
A Kremlin spokesperson said Russia's practice with the BRICS was based connected a "common satellite view" and "will ne'er beryllium directed against 3rd countries."
India did not instantly supply an authoritative effect to Mr. Trump.
Many BRICS members and galore of the group's spouse nations are highly babelike connected commercialized with the United States. New subordinate Indonesia's elder economical minister, Airlangga Hartarto, who is successful Brazil for the BRICS summit, is scheduled to spell to the U.S. connected Monday (July 7, 2025) to oversee tariff talks, an authoritative told Reuters. Malaysia, which was attending arsenic a spouse state and was slapped with 24% tariffs that were aboriginal suspended, said that it maintains autarkic economical policies and is not focused connected ideological alignment.
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