US EditionIndia's Modi, Brazil's Lula speak amid Trump tariff blitz
INDIA, AUG 8 – Lula and Modi pledged to boost bilateral trade to over $20 billion by 2030 and deepen cooperation in key sectors amid US tariffs up to 50% targeting their exports.
- On Aug 8, Indian Prime Minister Narendra Modi and Brazilian President Luiz Inacio Lula da Silva spoke by phone, discussing US tariffs on goods from both countries.
- The talks followed Donald Trump’s Wednesday announcement of 50% duties on Indian goods and matching levies on Brazilian exports including coffee, beef and petrochemicals.
- During the call, Lula and Modi vowed to defend multilateralism and agreed to enhance cooperation in trade, technology, energy, defence, agriculture, health, and people-to-people ties.
- Following the conversation, Brazil said it would challenge the US tariffs at the World Trade Organization while remaining open to talks, and Lula confirmed a state visit to India in early 2026.
- Looking ahead, they backed a strong partnership among Global South nations and reiterated goals to boost bilateral trade to over $20 billion by 2030.
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55 Articles
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