
"Brazilian President Luiz Inácio Lula da Silva asked U.S. President Donald Trump during a phone conversation Monday to lift the 40% tariff imposed by the U.S. government on Brazilian imports. The leaders spoke for 30 minutes, exchanged phone numbers, and Lula reiterated his invitation for Trump to attend the upcoming climate summit in Belem, according to a statement from Lula's office."
"Later, Trump posted on Truth Social that he had had a good conversation with Lula. "We discussed many things, but it was mostly focused on the Economy, and Trade, between our two Countries," Trump wrote, adding that the leaders "will be having further discussions, and will get together in the not too distant future, both in Brazil and the United States.""
Lula requested that the U.S. remove a 40% tariff on Brazilian imports, noting that the July levy was imposed on top of an earlier 10% tariff. The leaders spoke for 30 minutes, exchanged phone numbers, and Lula reiterated an invitation for Trump to attend a climate summit in Belém. Trump posted that the conversation was constructive and largely focused on the economy and trade, and that further discussions and meetings are planned in both countries. U.S. officials justified the tariffs by citing Brazil's policies and prosecutions related to former President Jair Bolsonaro, who was convicted and sentenced to 27 years and three months.
Read at Fortune
Unable to calculate read time
Collection
[
|
...
]