Lula Asks Trump to Lift 40% Tariff on Brazilian Imports
Lula requested removal of a 40% U.S. tariff on Brazilian exports and easing of sanctions during a 30-minute call described as friendly by both leaders.
- On Monday, President Luiz Inacio Lula da Silva asked U.S. President Donald Trump to lift the 40% surcharge on Brazilian imports during a roughly 30-minute phone call, and they agreed to meet soon.
- The Trump administration said U.S. tariffs began at 10% and escalated to 50%, justified as an economic emergency linked to Jair Bolsonaro's prosecution.
- Lula invited Trump to COP-30 in Belém, while Trump appointed Secretary of State Marco Rubio to lead follow-up talks with Vice-President Geraldo Alckmin and key ministers, a role still under review.
- Lula asked that tariffs be rolled back to 10% and that sanctions and visa restrictions on Brazilian officials be removed, a move closely watched by Brazilian markets.
- Both leaders agreed to meet in person soon, with Lula proposing the ASEAN Summit in Malaysia starting October 26 amid a diplomatic crisis tied to Jair Bolsonaro's sentencing and Brazil's BRICS presidency.
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After months of tension between the United States and Brazil, US President Trump made a phone call with Brazilian leader Lula da Silva.
As recently as July, US President Trump imposed hefty tariffs on Brazil. Shortly thereafter, President Lula indicated a willingness to talk. An initial phone call apparently went well, and a meeting is expected in the "near future."
Brazilian President Luiz Inácio Lula da Silva asked his US counterpart Donald Trump this Monday to withdraw the 40% tariff on imports of Brazilian products. In a telephone conversation, the first between the two leaders since the millionaire returned to the White House, the two leaders talked about economic and commercial relations. Continue reading
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