All Eyes on Bolsonaro With Lula, Trump Locked in Trade Fight
- Eduardo Bolsonaro and Sao Paulo Governor Tarcisio de Freitas have criticized Trump's tariffs and suggested negotiations amid concerns from investor groups.
- Finance Minister Fernando Haddad stated there is no economic rationale for tariffs on Brazil, emphasizing that Brazil buys more from the U.S. than it sells.
- Bolsonaro claims the tariffs are a result of Brazil's failure to uphold freedom and the rule of law.
12 Articles
12 Articles
The US president, who announced tariffs of 50% for Brazilian products imported from August 1, nevertheless left the door open to negotiate with Lula later. “Perhaps at some point he talks to him, but now he doesn’t,” he remarked. Trump said that in Brazil “they are treating Bolsonaro in a very unfair way,” due to the trial against him, and said that “he is a good man.” The Brazilian government tries to negotiate to avoid a major crisis. The anno…
Trump ruled out talking to his Brazilian partner Lula for the moment, after threatening to raise tariffs on Brazilian exports to 50 percent due to the coup trial against Bolsonaro.
Recognizing that there is a class struggle is an important step to place the president of the United States and Jair Bolsonaro in their seats
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