
"Trump had linked the July tariff move which brought duties on most Brazilian goods entering the US to 50 percent from 10 percent to what he called a witch hunt against far-right leader Bolsonaro, who has been sentenced to 27 years in prison for attempting a coup after losing the 2022 presidential election. Bolsonaro's supporters rioted in the political centre of the country's capital, evoking a riot by Trump's supporters in Washington, DC on January 6, two years earlier."
"Ahead of the meeting on Sunday, though, Trump said he could reach some agreements with Lula and expected the two countries to enjoy strong ties despite his concerns about Bolsonaro's fate. I think we should be able to make some pretty good deals for both countries, Trump said. Lula previously described the US tariff hike as a mistake, citing a $410bn US trade surplus with Brazil over 15 years."
Brazil and the United States held a constructive meeting on the sidelines of the ASEAN Summit in Kuala Lumpur. Lula said the meeting with Trump was great and that negotiating teams would meet immediately to tackle tariffs and sanctions. The US raised July tariffs, increasing duties on most Brazilian goods from 10 percent to 50 percent. Trump linked the tariff move to a witch hunt against former president Jair Bolsonaro, who was sentenced to 27 years for attempting a coup after the 2022 election; Bolsonaro's supporters rioted. Lula called the tariff hike a mistake and cited a $410bn US trade surplus with Brazil over 15 years.
Read at www.aljazeera.com
Unable to calculate read time
Collection
[
|
...
]