The recent announcement by President Donald Trump to impose a 10% tariff on countries aligning with BRICS' anti-American policies has sparked strong reactions from China and Russia.

China said BRICS does not seek confrontation or target any country after U.S. President Donald Trump threatened a new 10 percent tariff.

The BRICS bloc has criticized rising tariffs and attacks on Iran in its latest summit declaration. Meeting in Rio de Janeiro on Sunday, the group also condemned NATO’s increased military spending and expressed concerns about global trade disruptions caused by tariffs.

The growing BRICS group gathered in Rio de Janeiro, Brazil for the 17th BRICS Summit on Sunday, and signed a joint declaration encompassing 126 commitments covering global governance, finance, health,

RIO DE JANEIRO (Reuters) -Diplomats from the BRICS group of developing nations have agreed on a joint declaration of their leaders at a summit in Rio de Janeiro this week, three people familiar with the talks said on Saturday.

BRICS nations now represent more than half the world's population and 40% of its economic output, Lula noted in remarks on Saturday to business leaders warning of rising protectio