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

The group of emerging economies—including Brazil, Russia, India and China—has long sought to present itself as a multilateral counterweight to a U.S.-dominated world order.

President Donald Trump threatened to add a 10% tariff rate on BRICS-aligned countries. The term first applied to 4 countries but the group expanded.