Kremlin: Brazil Faces Tariff Wars, Severe Economic Pressure from U.S

Business

Vladivostok: Russian presidential spokesman Dmitry Peskov announced on Sunday that Brazil is facing tariff wars and severe economic pressure from the United States.

According to Yemen News Agency, Sputnik quoted Peskov as saying on the sidelines of the Eastern Economic Forum: "The Brazilians currently chair the BRICS group. The Brazilians are facing, let's put it this way, tariff wars from the United States and very severe measures in terms of economic pressure on the country."

Earlier, media reported that Brazil, at the initiative of President Luiz In¡cio Lula da Silva, will hold an extraordinary virtual summit of BRICS countries on September 8 to discuss the trade policy of US President Donald Trump.

The 10th Eastern Economic Forum was held from September 3 to 6 at the Far Eastern Federal University campus in Vladivostok, Russia. The main theme of this year's forum is "The Far East - Cooperation for Peace and Prosperity."