President Trump and Brazilian President Luiz Inácio Lula da Silva met on sunday in the middle of malaysia trade tension between their two countries.
“President Trump meets with President Luiz Inácio Lula da Silva of Brazil [Association of Southeast Asian Nations (ASEAN)] Summit,” White House account on social platform Posted on SundayIn which there are pictures of both the leaders.
The Brazilian president said the meeting went well, adding that teams from both countries would “immediately” begin discussions on tariffs and beyond. According to Reuters,
According to the White House Ex-Post, Trump said it was “a great honor to be with the President of Brazil… I think we should be able to make some very good deals for both countries.”
Trump and Lula discussed the tariffs during a phone call earlier this month, which each leader called a good step toward improving relations.
During the call, Lula asked Trump to get rid of the additional 40 percent tariff imposed by him. On prosecution this summer Former Brazilian President Jair Bolsonaro on his alleged plan to remain in power after losing the elections. The new tariffs increased the prior rate from 10 percent to 50 percent.
Tensions between Brazil and Trump have increased due to Bolsonaro’s prosecution, which Trump has criticized as a “witch hunt”, a phrase he has also used to describe cases brought against him.
In an opinion article in The New York Times in September, Lula retaliated In the comments, Trump’s tariffs were illogical and misguided.
Trump’s tariff policy since returning to office in January has strained relations with many countries, including allies such as Canada and the European Union. This has caused turmoil in the markets and increased economic uncertainty. Trump has said the tariffs will save the country by helping domestic manufacturers and enhancing national security.
On Saturday, Trump imposed 10 per cent tariffs on Canada, on top of the prior rate, in the wake of an ad against tariffs amid the World Series. which is canada’s own The Toronto Blue Jays are playing.
The Canadian advertisement includes various parts of former President Reagan’s 1987 speech on “free and fair trade”.
