President Lula on His Feud With Trump, Brazil’s Tariff Strategy and More
President Luiz Inácio Lula da Silva issued a fierce rejection of President Trump’s demands for Brazil, but said he was ready for dialogue.
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President Luiz Inácio Lula da Silva issued a fierce rejection of President Trump’s demands for Brazil, but said he was ready for dialogue.
Faced with threats of 50 percent tariffs and demands to end a criminal case, President Luiz Inácio Lula da Silva said he wouldn’t take orders from President Trump.
Recent pacts with Britain, Europe and Japan mean that autos exported from those countries and regions face lower U.S. tariffs than Canadian vehicles do.
After a “constructive” round of talks ahead of an Aug. 12 deadline, Treasury Secretary Scott Bessent said, “Nothing is agreed until we speak with President Trump.”
A tactic of deference and praise, along with a studied attempt to avoid any public blowups, coaxed President Trump into changes on key issues like Gaza and Ukraine.
Some European politicians are dismayed that the European Union did not drive a harder bargain, but facing the threat of a damaging trade war, officials say they had little choice.
Top American and Chinese officials are meeting for two days of talks in Stockholm as the Trump administration tries to complete trade deals.
Both sides hailed the agreement as the biggest ever. But it will come at a cost to the European Union, and many details have yet to be nailed down.
The framework agreement will likely not do much for economic growth on either side. But it avoids new fissures on other foreign policy issues, particularly the war in Ukraine.
The president is set to raise taxes on imports arriving from many countries, including Canada and Mexico. That’s on top of the tariffs that the White House has already announced on specific products, including foreign cars.