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Brazil’s Lula vows to reciprocate potential Trump tariffs, makes market-friendly remarks

  • Brazilian President Luiz Inacio Lula da Silva stated he would retaliate against U.S. Tariffs on Brazilian products, preferring improved relations instead of a trade war.
  • Lula's approval rating has dropped to 47 percent, with significant loss of support from low-income voters in the Northeast, according to a Quaest poll.
  • Lula criticized Trump's withdrawal from the Paris Climate Accord as a setback and emphasized the importance of real commitments from wealthy nations on climate change.
  • Lula announced plans for a large credit program and expressed confidence in the new Central Bank president, despite concerns over high interest rates and public debt.
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  • 44% of the sources are Center
45% Center
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