US EditionTrump Meets Brazil's Lula in Malaysia, Predicts ‘Pretty Good Deals’
Trump and Lula explored easing a 40% U.S. tariff on Brazilian imports with economic advisers present, signaling possible tariff relief under specific conditions.
- On Sunday, in Kuala Lumpur, Brazil's Luiz Inácio Lula da Silva met U.S. President Donald Trump for their first full, sit-down conversation lasting roughly an hour on the sidelines of the ASEAN leaders' summit.
- The talks were driven by a dispute over tariffs and leverage, with Lula pressing to roll back a 40% surcharge and Brazil's Foreign Ministry requesting tariff suspension during talks.
- Inside the room, both Trump and Lula brought senior economic and foreign-policy advisers and signaled pragmatic give-and-take, with Trump saying, `I think we should be able to make some pretty good deals for both countries`.
- Following the meeting, Vieira said `We will establish a negotiation schedule and establish the sectors we will talk about so that we can move forward`, with technical teams expected to produce a timetable for tariff reductions and diplomatic irritants.
- Beyond bilateral politics, the meeting in Southeast Asia underscored supply-chain stakes, showing that lowering barriers would steady grocery prices, support U.S. and Asian manufacturers, and shore up Brazilian agribusiness and industry jobs.
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Trump says he could work out some deals with Brazil
U.S. President Donald Trump said he could work out some deals during his meeting with Brazilian President Luiz Inacio Lula da Silva in Malaysia. "I think we should be able to make some pretty good deals for both countries," Trump said. Lula said he was optimistic relations between Brazil and the United States would advance during his meeting with Trump. "There's no reason for having any other kind of conflict between Brazil and the United States…
Trump And Lula Meet In Malaysia For An Hour — What’s Really At Stake
Brazil’s Luiz Inácio Lula da Silva and U.S. President Donald Trump met for roughly an hour today in Kuala Lumpur on the sidelines of the ASEAN leaders’ summit. It was their first full, sit-down conversation. The agenda was straightforward: defuse a trade fight and cool a diplomatic chill without either side looking like it blinked. […]
US President Donald Trump said he would consider reducing tariffs on Brazil, but only under the right circumstances.
The Brazilian demanded the lifting of tariffs of 50% on his products and the end of the sanctions of the Magnitsky Law against Judge Alexandre de Moraes
"The announcement of the start of negotiations on the tariff, with a real provision of the two parties to reach an agreement, is an important step," said Ricardo Alban.
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