Brazilian President Lula swipes at Trump as US imposes auto tariffs
- Brazilian President Lula criticized the US for its shift to protectionist policies under Donald Trump's administration, stating that Trump's tariffs are detrimental to both the US and global markets.
- Lula highlighted Brazil's commitment to multilateralism and announced plans to impose similar tariffs on US products if necessary.
- He expressed concerns that US tariffs on steel and aluminum could negatively impact the US economy by raising inflation.
- The Brazilian government plans to appeal to the World Trade Organization regarding tariffs affecting Brazilian exports.
61 Articles
61 Articles
Brazil president on Trump tariffs: 'Protectionism does not help any country in the world'
Brazilian President Luiz Inácio Lula da Silva on Thursday criticized the Trump administration’s approach to global trade, saying the newly announced tariffs on global car imports are likely to harm all economies involved. “This protectionism does not help any country in the world,” Lula said, through an interpreter, adding that President Trump is the leader only of America, not the world. Trump on Wednesday announced 25 percent tariffs on foreig…
Brazilian President Lula Swipes at Trump as US Imposes Auto Tariffs
TOKYO (AP) — Brazilian President Luiz Inácio Lula da Silva swiped Thursday at U.S. President Donald Trump's decision to raise U.S. tariffs on a wide range of products, saying Trump should consider the potential harm to the American and global economies.
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