BRICS group raises ‘serious concerns’ with increased tariffs

The BRICS bloc of developing nations adopted a declaration on Sunday condemning increased unilateral tariffs — but avoided mentioning the United States or President Trump by name.

The group’s statement, issued at a two-day summit in Brazil, raised “serious concerns” with the tariffs, saying they are “inconsistent” with the rules of the WTO and threaten to “reduce global trade, disrupt global supply chains, and introduce uncertainty.”