US EditionBrazil and US to meet 'immediately' to seek tariff solutions, Lula says
Negotiations began immediately after Lula and Trump met, aiming to resolve 50% US tariffs and sanctions on Brazil tied to Bolsonaro's coup conviction, officials said.
- U.S. President Donald Trump and Brazil's leader Luiz Inácio Lula da Silva met on the sidelines of the Kuala Lumpur summit Sunday, and Trump signaled Monday that a trade deal is likely.
- The U.S. imposed tariffs in July, including a 120% levy on Brazilian products, citing Brazil's policies and the criminal prosecution of Jair Bolsonaro as reasons.
- Lula presented Trump a written document arguing tariff hikes were based on mistaken information and reminded him of the $6.8 billion U.S. surplus with Brazil last year.
- Despite the upbeat tone, no immediate concessions were offered as Donald Trump, U.S. President, did not commit to suspending the tariff hikes and said aboard Air Force One, `We'll see what happens`.
- Given Bolsonaro's recent conviction, Luiz Inácio Lula da Silva said Jair Bolsonaro received a fair trial and should not affect negotiations despite his about 27 years sentence.
147 Articles
147 Articles
Lula and Trump make progress in Malaysian gathering
Presidents Luiz Inácio Lula da Silva of Brazil and Donald Trump of the United States met this weekend in Kuala Lumpur, Malaysia, on the sidelines of the ASEAN summit. Both leaders agreed to lower economic tensions between their two countries. In addition, Lula volunteered to mediate with Venezuelan ruler Nicolás Maduro.
Brazil's Lula confident of U.S. trade deal after Trump talks: 'He guaranteed to me that we will reach an agreement'
The 79-year-old Trump wished the 80-year-old Lula a Happy Birthday from aboard Air Force One, saying he was "very impressed" by the "vigorous guy"
‘Definitive solution’ on Brazil-US trade within days: Lula
Brazil's President Luiz Inacio Lula da Silva said Monday a trade deal with the United States could happen within days, possibly easing punitive tariffs after months of animosity. Lula met President Donald Trump at an Association of Southeast Asian Nations (ASEAN) summit on Sunday, after urging the US leader earlier this month to lift punitive
Associated Press News
Lula is optimistic there will be a US-Brazil trade deal after meeting with Trump in Malaysia
Brazilian President Luiz Inácio Lula da Silva says he's confident his country and the United States will reach a trade deal, saying U.S.
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