💨 Abstract

Brazilian President Luiz Inácio Lula da Silva criticized Donald Trump's 50% tariff threat, stating that Trump was elected as a U.S. leader, not a global emperor. Trump's threat, tied to political tensions involving former Brazilian President Jair Bolsonaro, was met with Brazilian promises of reciprocal tariffs. Lula emphasized the independence of Brazil's judiciary and the incompatibility of political matters with trade negotiations.

Courtesy: WTOP Staff