Brazil, Russia, India, China and South Africa will coordinate decision-making closely in response to US unilateral trade policies, China assistant foreign minster Zhang Jun said on Friday.
The US imposed steep tariffs this year on many countries including its allies and BRICS countries. The US single out China for billions in extra duties citing a huge trade imbalance. China vowed to counter the US impositions.
He told the reporters that “the countries will boost macropolitical coordination to respond to challenges, such as unilateral actions and protectionism and risks associated with policy changes in developed, Western countries”, he told reporters.
BRICS were committed international trade rules as laid out by the World Trade Organization and promoting cooperation in digital economy and infrastructure construction projects, he said.
Source: Sputnik news