Lula vows to defend Brazil against US tariffs - Breaking The News
Download our appPlay StoreApp Store

Lula vows to defend Brazil against US tariffs

EPA-EFE/MINH HOANG / POOL

Brazil's President Luiz Inacio Lula da Silva pledged Thursday to take "all appropriate measures" to protect the country from US tariffs imposed by US President Donald Trump. Speaking at an event marking his administration's two-year anniversary, Lula stressed Brazil's commitment to sovereignty and trade equality.

"We do not give up our sovereignty," Lula declared, adding that Brazil demands reciprocity in international relations. He criticized US protectionism and vowed to respond to the 10% tariff on Brazilian exports. "We will defend our businesses and workers," he said.

Brazil is exploring all options, including bringing the matter to the World Trade Organization (WTO), while remaining open to dialogue with the US, the Foreign Ministry mentioned earlier, calling it a violation of WTO commitments.

Related News
TikTok deal allegedly fell through after Trump's tariffs
United States President Donald Trump reached a deal for TikTok's operations in the US to be separated into a new US-based company, but the arrangement fell through after the announcement of his reciprocal tariffs, the Associated Press reported on Friday, citing a person familiar with the negotiations.According to the report, the new entity was set to be primarily owned and managed by American investors, while ByteDance would retain a minority stake. However,...
Buffett denies supporting Trump's tariffs
Berkshire Hathaway denied on Friday that its billionaire CEO Warren Buffett voiced support for the tariffs imposed this week by United States President Donald Trump."There are reports currently circulating on social media (including Twitter, Facebook and Tik Tok) regarding comments allegedly made by Warren E. Buffett. All such reports are false," the company stated.The statement came after Trump posted a video that claimed that Buffett said the...
Cruz: Trump's tariffs could have terrible outcome
United States Senate Commerce Committee Chair Ted Cruz expressed concerns over the latest tariffs imposed by US President Donald Trump, saying that he is "not a fan." "If we're in a scenario 30 days from now, 60 days from now, 90 days from now, with massive American tariffs, and massive tariffs on American goods in every other country on earth, that is a terrible outcome," Cruz stated in his podcast released on Friday, expressing concerns about other countries...
Zelensky: Trump's tariffs 'not a problem' for Ukraine
Ukrainian President Volodymyr Zelensky downplayed concerns over tariffs imposed by United States President Donald Trump, stating that a 10% reciprocal levy on his country's goods poses no significant threat to Ukraine's economy.Speaking at a press conference on Friday, Zelensky emphasized that the bilateral trade turnover falls between $3.5 to $3.8 billion and is unaffected by US tariff decisions. "The volume of arms supplies does not affect this in any...

Please observe our Terms of Use. The price information is time delayed to varying extents, but as a rule by 15 minutes or more, according to the regulations of the selected stock exchange and/or licensors and the type of securities.

© 2025 TeleTrader Software GmbH. All rights reserved

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.