Brazil announces $5.5B package to counter Trump’s tariffs | World News

Brazil announces $5.5B package to counter Trump’s tariffs Brazilian President Luiz Inacio Lula da Silva announced a plan on Wednesday to support exporters who have been hit by high tariffs of up to 50% imposed by US President Donald Trump on several products from the country.The plan provides credit of 20 billion reais ($5.5 billion; […]

Lula, Putin talk Ukraine peace; plan BRICS meet; weigh joint reply to Trump tariffs

Luiz Inacio Lula da Silva, Vladimir Putin (AP) Brazilian President Luiz Inacio Lula da Silva spoke with his Russian counterpart, Vladimir Putin, for about 40 minutes on Saturday, the Brazilian presidential palace said. Putin briefed Lula on his talks with the United States and “recent peace efforts between Russia and Ukraine,” as per the statement. […]

‘Will not call Trump’: Brazil’s Lula refuses to contact US prez; 50% tariffs remain unresolved

Brazilian President Luiz Inácio Lula da Silva on Tuesday said he will not reach out to US President Donald Trump, saying, “I will not call Trump because he does not want to talk.” The statement comes amid rising diplomatic tensions between Brazil and the United States, reports news agency Reuters.The rift follows Washington’s decision to […]

‘If he charges 50%, we will charge 50%’: Brazil vows retaliatory action if negotiations fail; what is the reciprocity law? | World News

Brazilian President Lula da Silva vowed to retaliate if negotiations with US fail Brazilian President Luiz Inácio Lula da Silva has responded to US President Donald Trump’s Wednesday announcement on his plans to implement a 50% tariff on Brazilian imports.Trump’s letter addressed to President Luiz Inácio Lula da Silva stated the tariffs would commence on […]

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