"Together with prior exemptions, the move will leave many of the nation's major exports free from heightened US duties, a victory for an agricultural powerhouse that ranks as the world's largest beef and coffee producer and counts the US as its No. 2 trade partner. It's an even bigger win for Lula, the 80-year-old leftist who staked his once-struggling presidency on the fight with Trump, and may have just provided a model for how similarly-situated nations should approach the combative American leader."
"About 22% of Brazilian exports to the US are now facing tariffs, down from 36%, Vice President Geraldo Alckmin said Friday. Trump is notoriously unpredictable and doesn't like to lose, and broader trade talks are ongoing. But for now, at least, Lula appears to have triumphed on Brazil's most important products without making any major concessions, a feat few others have managed."
Trump imposed a 40% tariff increase on many Brazilian food products, then issued an executive order exempting dozens of those items, including coffee and beef. Together with prior exemptions, the measures reduced the share of Brazilian exports facing US tariffs from about 36% to roughly 22%, according to Vice President Geraldo Alckmin. Brazil is the world's largest beef and coffee producer and treats the US as its second-largest trade partner. Lula used defiance, patience, and diplomacy to protect key exports without major concessions, while broader trade talks with the US continue.
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