Lula, Trump and Brazil
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U.S. Launches Trade Probe Into Brazil
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Brazil is actively working to avert the implementation of 50% tariffs on its products by the United States, set to take effect on August 1 as announced by President Donald Trump. Vice President Geraldo Alckmin,
European Commission President Ursula von der Leyen has announced that Europe's retaliatory tariffs on U.S. goods has been delayed to allow more time for negotiations.
Brazil's President Lula Da Silva has vowed retaliatory measures against the US following Donald Trump's imposition of a 50% tariff on Brazilian goods.
Business leaders backed the government’s negotiations and opposed retaliation as Trump’s tariffs take effect on August 1.