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BRICS group condemns increase of tariffs in summit overshadowed by Middle East tensions
July 08 2025
|Manila Bulletin
The BRICS bloc of developing nations on Sunday condemned the increase of tariffs and attacks on Iran, but refrained from naming U.S. President Donald Trump.
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The group's declaration, which also took aim at Israel's military actions in the Middle East, also spared its member Russia from criticism and mentioned war-torn Ukraine just once.
The two-day summit was marked by the absences of two of its most powerful members. China's President Xi Jinping did not attend a BRICS summit for the first time since he became his country's leader in 2012. Russian President Vladimir Putin, who spoke via videoconference, continues to mostly avoid traveling abroad due to an international arrest warrant issued after Russia invaded Ukraine.
In an indirect swipe at the U.S., the group's declaration raised "serious concerns" about the rise of tariffs which it said were "inconsistent with WTO (World Trade Organization) rules." The BRICS added that those restrictions "threaten to reduce global trade, disrupt global supply chains, and introduce uncertainty."
هذه القصة من طبعة July 08 2025 من Manila Bulletin.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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