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US tariff policies undermine multilateralism: Colombian experts

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      US tariff policies undermine multilateralism: Colombian experts

      2025-04-10 21:21 Last Updated At:22:37

      American tariff measures are undermining multilateralism and free trade while creating global uncertainty that may ultimately harm the U.S. economy itself, Colombian experts warned.

      In an interview with China Media Group (CMG), Colombian politicians and economists criticized the Trump administration's new tariff measures. They denounced the tariffs as violating bilateral treaties and international standards and warned that they will not serve to boost the growth of U.S. industries.

      Carlos Martinez Becerra, an economist at National University of Colombia, noted that the new U.S. trade policies represent a negative approach that damages both the multilateral system and existing free trade agreements.

      "The measures (imposed by the United States) affect multilateralism on the one hand, and also hinder free trade agreements on the other. As a result, this generates international uncertainty, instead of creating favorable conditions, even for the United States itself. What is being created are mechanisms of expanded uncertainty," he said.

      Alejandro Toro Ramirez, chairman of the Second Committee on International Relations in Colombia's House of Representatives, observed that the U.S. policies might ironically accelerate the emergence of a multipolar world by pushing other countries to strengthen cooperation among themselves. "But we believe it will end up benefiting a world that is beginning to become multipolar. They (The United States) are no longer the center of the world. Today, we, among other countries, have to face each other and establish other lines (of cooperation) because it has already been demonstrated that the United States no longer recognizes the rules of the World Trade Organization," said Toro.

      These comments came amid growing international criticism of recent U.S. trade measures, with many countries exploring alternative economic partnerships and trade mechanisms to reduce dependence on the U.S.-led system. Experts suggest these developments reflect a broader shift in the global economic order as nations adapt to what they see as America's increasingly protectionist stance.

      US tariff policies undermine multilateralism: Colombian experts

      US tariff policies undermine multilateralism: Colombian experts

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      Brazilian president meets Chinese FM on closer ties, cooperation

      2025-05-02 00:30 Last Updated At:01:17

      Brazilian President Luiz Inacio Lula da Silva met with visiting Chinese Foreign Minister Wang Yi in Brasilia on Wednesday, expressing the willingness to strengthen bilateral ties and expand cooperation.

      Lula said that Brazil and China have built strong mutual trust and deepened cooperation across various fields, showing that Brazil's steadfast friendship with China is the right choice and a model for South-South cooperation.

      He said that he looks forward to maintaining close high-level exchanges with China, further strengthening economic and trade ties, and expanding the mutually beneficial cooperation in finance, energy and other fields.

      China's firm and forceful countermeasures against the "reciprocal tariffs" is admirable, said the Brazilian president, noting that China's just actions have received widespread support while certain country's irresponsible and unilateral practices warrant joint resistance.

      Brazil is willing to work with China to advocate free trade, defend international rules, and counter any power overriding international justice, the president added.

      Wang, who is also a member of the Political Bureau of the Communist Party of China Central Committee, said that China is willing to work with Brazil to implement the important consensus reached by the two heads of state and push for more outcomes in building a China-Brazil community with a shared future.

      China will strengthen its cooperation with BRICS and Global South countries, adhere to multilateralism and safeguard international rules, he said.

      On the same day, Wang attended the 15th Meeting of BRICS National Security Advisers and High Representatives on National Security in Brasilia.

      Brazilian president meets Chinese FM on closer ties, cooperation

      Brazilian president meets Chinese FM on closer ties, cooperation

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