💨 Abstract

Brazil's President Lula da Silva warned of reciprocity if US President Trump imposes tariffs on Brazil, citing mutual respect. Lula also voiced support for non-interference in monetary policy and Petrobras pricing strategy, and promised consideration of additional fiscal measures. He ruled out steps leading to a black market for easing food-related inflation. The U.S. runs a trade surplus with Brazil, but Trump has threatened potential tariffs on various countries.

Courtesy: theprint.in

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