Xi urges fellow BRICS countries to reject go-it-alone trade


  • World
  • Wednesday, 25 Jul 2018

South African President Cyril Ramaphosa and China's President Xi Jinping sit together during the BRICS Summit in Johannesburg, South Africa, July 25, 2018. REUTERS/Mike Hutchings

JOHANNESBURG (Reuters) - Chinese President Xi Jinping said there would be no winner in a global trade war, urging fellow developing powers on Wednesday to reject unilateralism in the wake of tariff threats by U.S. President Donald Trump.

Trump's warnings have given Brazil, Russia, India, China and South Africa fresh impetus to enhance trade cooperation, and their leaders found a collective voice championing global trade as they began a three-day BRICS summit in Johannesburg.

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