Brazilian president also warned that the imposition of tariffs can destabilize the global economy
The president commented on the trade war between OS and A, characterizing it as a “personal fight” of the former president. Lula pointed out that although Trump announced a 90 -day break in the application of tariffs to non -retaliated countries, he increased rates on Chinese products from 104% to 125%. During his statements, Lula criticized the idea of bilateral negotiations, advocating the need for a multilateral approach in trade relations. He emphasized that respect for the sovereignty of countries is fundamental for the construction of a more stable and cooperative economic environment.
The Brazilian president also warned that the imposition of tariffs can destabilize the global economy. According to him, commercial wars do not produce winners, only aggravate tensions between the nations involved. Lula expressed his concern about Trump’s repercussions, which can affect not only the American economy, but also the world economic scenario. In addition, Lula denied that Brazil could benefit from the conflict between the United States and China. He reiterated the importance of seeking peaceful and diplomatic solutions to commercial problems, noting that international cooperation is essential to address current economic challenges.
Posted by Sarah Paula
*Report produced with the aid of AI
