‘Our Countries Are Sovereign’: Brazilian President Responds to Trump’s BRICS Tariff Threat

Contact Your Elected Officials

Trump has threatened a 10 percent tariff on any country aligning with what he says are the ‘anti-American policies of BRICS.’

Brazilian President Luiz Inácio Lula da Silva said the world does not need an emperor and reiterated his view that global trade needs alternatives to the U.S. dollar, following a threat by former President Donald Trump to impose tariffs on countries aligning with BRICS policies.

The BRICS alliance—made up of countries including Brazil, Russia, India, China, and South Africa—views itself as a counterweight to Western-led institutions.

Trump said on July 6 that an additional 10 percent tariff would be imposed on countries aligning with BRICS policies.

“Any Country aligning themselves with the Anti-American policies of BRICS, will be charged an ADDITIONAL 10 percent Tariff. There will be no exceptions to this policy,” he stated on Truth Social.

On the final day of the 17th BRICS Leaders’ Summit in Rio de Janeiro, Lula was asked about Trump’s tariff threat.

“We don’t want an emperor, our countries are sovereign,” he said. “If Trump issues tariffs, other countries have the right to do the same. There is the reciprocity law.”

Lula said it is irresponsible for a president of a country such as the United States to threaten the world with tariffs on social media.

“Honestly, there are other forums for the president of a country the size of the United States to talk to other countries,” Lula said.

He said that the BRICS group “was not formed to confront anyone, it just wants to be another model, another way to do politics.”

When asked about Trump’s warning, South African President Cyril Ramaphosa told reporters that BRICS is “a center of power” and “does not seek to compete with any other power.”

Without mentioning Trump or the United States, the BRICS nations said in a joint statement on the same day that “proliferation of trade-restrictive actions, whether in the form of indiscriminate rising of tariffs and non-tariff measures, or protectionism under the guise of environmental objectives threatens to further reduce global trade, disrupt global supply chains, and introduce uncertainty into international economic and trade activities, potentially exacerbating existing economic disparities and affecting prospects for global economic development.”

By Owen Evans

Read Full Article on TheEpochTimes.com

The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

ChatGPT Goes Biblical about End Times!

There are some truly outstanding internet content creators, or...

Epstein’s Niece Exposes the Illuminati!

There is a shocking interview by the podcaster Shaun Attwood, an English former ecstasy trafficker turned YouTube podcaster, speaker, activist, and author.

When Gynocrats Attack: Innocent Locker Room Talk Interrupted By Rabid Karen

The question posed: “Who do you think has a...

Obama’s Treason is a Betrayal of American Democracy and Demands Real Accountability

Few scandals have cast a longer shadow than the 2016 Russia investigation—the manufactured crisis by President Obama designed to cripple Trump's presidency.

Chronic Grievous Insufficiency

A president's physical vigor, stamina, and mental acuity are essential to his ability to fulfill the duties of office and those qualities should matter with no regard to party affiliation.

COVID-19 Pandemic Accelerated Brain Aging Even in People Who Didn’t Get Virus: Study

Brain aging appears to have accelerated by months during COVID-19 pandemic, even in people who did not get sick from the virus, according to study.

US Witnessing ‘CapEx Comeback’ as Investment Wave Hits Economy: Treasury

The U.S. economy is experiencing a “CapEx Comeback” this year as private-sector investment soars, the Treasury Department said.

New Study: COVID-19 Vaccinations Prevented 2.5 Million Deaths Globally, Mostly Among the Elderly

New global modeling study estimates that COVID-19 vaccinations prevented about 2.5 million deaths worldwide between December 2020 and late 2024.

Success of ‘What If’ Flipped the Script for Both Creator Dallas Jenkins and Star Kevin Sorbo

For the first time, watch this never-seen-before behind-the-scenes footage, “Director’s Diaries,” behind making of the faith-filled classic “What If...”

Ex-DOJ Officials File Lawsuit Against Bondi Over Terminations

Former DOJ officials filed lawsuit against AG Bondi and the fed. govt, saying they were terminated for work on cases related to Jan. 6 Capitol breach.

Odds of U.S.-EU Trade Deal Are 50–50 Ahead of Tariff Deadline: Trump

President Donald Trump said there’s a 50–50 chance that the United States will finalize a trade deal with the European Union before an Aug. 1 deadline.

Trump Pulls Habba’s Nomination for New Jersey’s Top Prosecutor, Making Her Acting US Attorney

President Trump withdrew his nomination of Alina Habba to serve as NJ’s top federal prosecutor, making her Acting US Attorney.

Trump Says He Wants Musk’s Companies to ‘Thrive Like Never Before’

On Thursday, President Trump said, “I want Elon, and all businesses within our Country, to THRIVE, in fact, THRIVE like never before!”
spot_img

Related Articles