Brazilian President Luiz Inacio Lula da Silva expressed surprise and disapproval over newly proposed 25 percent tariffs by the United States, which he believes undermine improving relations between the two nations. The tariffs were announced by the Trump administration following an investigation into alleged unfair trade practices, including illegal deforestation and ethanol market access. Lula emphasized Brazil’s intent to maintain institutional ties with the US while considering other trade partnerships if necessary.
Want More Context? 🔎
