Lula wants to negotiate with Trump, but if he fails he will respond with the same currency: 50% tariffs

by Andrea
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Lula wants to negotiate with Trump, but if he fails he will respond with the same currency: 50% tariffs

Lula de Silva is willing to negotiate the tariff regime with the United States. The Brazilian president announced Thursday that he will try to talk with the United States to reverse the 50% tariff announced by his pair Donald Trump. Although he warns: If it fails, the same tax will apply to US imports.

In an advance of an interview with the station TV Record Disseminated in his social networks, the president has also demanded Trump “respect” for Brazilian justice. On the eve, the Republican leader came out in defense of the former Brazilian president Jair Bolsonaroprocessed in the Supreme Court by coup, and somehow will justify with that trial the tariff sanctions.

“If President Trump knew a little Brazil, he would have more respect,” said the progressive leader. In addition, he has advanced that he will also create a committee, which will invite businessmen, to accompany the situation daily and “Rethinking Brazilian commercial policy with the United States.”

Trump announced mainly political motivesby denouncing “the way in which Brazil” treats Bolsonaro, processed in the Supreme Court for allegedly trying to give a coup d’etat, after losing the 2022 elections against Lula. He also criticized the failures of the Supreme, “secrets” and “illegal” according to him, to block profiles in social networks dedicated to disseminating false information against democratic institutions.

In the interview, Lula said that, at first, he believed that the letter in which Trump announced the commercial sanction was “Apocrypha” And he claimed again The “Sovereignty of Brazil” and the independence of the three powers of his country.

“If what Trump did in the Capitol (in allusion to the assault of January 6, 2021) would have done it here in Brazil, he would be being prosecuted as Bolsonaro and would risk going to prison,” said Brazilian president. “And I don’t get into the Judiciary, because here is autonomous,” he said, and then underlineand the rules that govern Brazil are established by the Brazilian Congress.

Lula has reiterated that, contrary to what Trump says, the bilateral trade balance has registered surpluses in favor of the US in the last fifteen years. In this context, he has indicated that he will try to negotiate, with the possibility of resorting to the World Trade Organization (OMC), blocked from years, and that, if all these measures fail, will apply the principle of reciprocity, that is, 50 % tariffs to US imports.

“What he can’t do is think that he was chosen to be the sheriff of the world; He was chosen to be president of the United States. You can do what you want within your country. Here in Brazil, we who send are we, the Brazilians, “he has settled.

In 2024, Brazil exported to the USA 40,368 million dollars in Brazilian productswhich meant 12 % of the country’s total sales

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