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Aug 29, 01:11 PM
Brazil
US Foreign Policy
Tariffs
Politics
World

Lula Signals No Immediate Retaliation Against U.S. Tariffs

Authors
  • سكاي نيوز عربية-عاجل
  • *Walter Bloomberg
  • First Squawk
5

Brazilian President Luiz Inácio Lula da Silva said on Friday that his government will not rush into retaliatory measures against recently imposed U.S. tariffs on Brazilian goods. Speaking to reporters, Lula stressed that any response would require careful consideration and could take time to formulate. The president added that he prefers to open negotiations with Washington rather than escalate the trade dispute, signalling a measured approach aimed at avoiding further strain on bilateral relations. Lula did not give a timeline for possible counter-tariffs or specify which sectors might be targeted, underscoring that Brazil’s priority is dialogue.

Written with ChatGPT .

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