Inside Trade

September 21, 2025

BRICS countries criticize U.S. for 'discriminatory’ measures

By Hannah Monicken  / August 10, 2023 at 5:42 PM
China, India, Brazil, Russia and South Africa this week blasted the “unilateral and discriminatory” trade-related measures being imposed by “some developed countries,” citing tax incentives in particular and arguing that any climate-based policies must be in line with World Trade Organization rules. Trade ministers from the group of five countries – known as BRICS – met earlier this week and agreed to statements on WTO reform, supply chains, the digital economy and small and medium-sized businesses, according to an informal...

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