New Developments in Global Competition: BRICS and Trump

In these days of increasing global competition, the BRICS summit has become a significant agenda item. Brazilian President Lula stated, "The world does not want an emperor," targeting Trump.
President Trump threatened to impose additional tariffs on BRICS countries. However, Lula emphasized the need for alternative currencies.

Chinese Foreign Minister Wang Yi described the US's tariff policies as bullying, stating that BRICS countries must oppose protectionism.
BRICS countries are planning to issue a joint statement criticizing unilateral measures in trade. This supports efforts to reduce dependence on the dollar in global trade.

In conclusion, the BRICS summit holds critical importance for the future of global competition and trade. Cooperation and solidarity among countries will become increasingly vital in this process.