Lula warns Brazil won’t bow to trade threats over Bolsonaro case
The post Lula warns Brazil won’t bow to trade threats over Bolsonaro case appeared on BitcoinEthereumNews.com. President Luiz Inacio Lula da Silva has taken a firm stance on trade negotiations with the United States, saying Brazil will only negotiate with Donald Trump if both countries are treated as equals. Speaking on Sunday at a Workers’ Party meeting in Brasília, President Luiz Inacio Lula da Silva said Brazil would not accept pressure from Washington. He emphasized that the country was willing to negotiate, but only on equal terms. Lula said his government would stand by Brazilian companies and defend its workers. He added that Brazil’s proposals would be ready whenever the United States was prepared for fair discussions. This strong message comes during a renewed trade tension between Brazil and the United States. President Donald Trump threatened to impose a 50% tariff on Brazilian goods in July unless Brazil’s Supreme Court dropped its legal cases against former Brazilian President Jair Bolsonaro. Bolsonaro is currently on trial over accusations of trying to stage a coup following his 2022 election defeat. Trump’s comments pulled Brazil directly into his larger trade and political disputes, making Lula’s response both diplomatic and defiant. Lula warns Brazil won’t bow to trade threats over Bolsonaro case While the Biden administration had avoided direct involvement in Bolsonaro’s legal troubles, Trump’s re-election has shifted the US tone. The proposed tariffs, which were set to take effect on August 1, were recently delayed. Some Brazilian products were temporarily exempted from the tariffs. However, the US government imposed sanctions on Justice Alexandre de Moraes, the judge handling Bolsonaro’s case. Lula reacted sharply to these developments, describing them as unacceptable for a political situation to be used as a basis for economic punishment. He told his audience that Brazil would not tolerate threats disguised as trade negotiations and insisted that no one had the right to punish the country…
The post Lula warns Brazil won’t bow to trade threats over Bolsonaro case appeared on BitcoinEthereumNews.com.
President Luiz Inacio Lula da Silva has taken a firm stance on trade negotiations with the United States, saying Brazil will only negotiate with Donald Trump if both countries are treated as equals. Speaking on Sunday at a Workers’ Party meeting in Brasília, President Luiz Inacio Lula da Silva said Brazil would not accept pressure from Washington. He emphasized that the country was willing to negotiate, but only on equal terms. Lula said his government would stand by Brazilian companies and defend its workers. He added that Brazil’s proposals would be ready whenever the United States was prepared for fair discussions. This strong message comes during a renewed trade tension between Brazil and the United States. President Donald Trump threatened to impose a 50% tariff on Brazilian goods in July unless Brazil’s Supreme Court dropped its legal cases against former Brazilian President Jair Bolsonaro. Bolsonaro is currently on trial over accusations of trying to stage a coup following his 2022 election defeat. Trump’s comments pulled Brazil directly into his larger trade and political disputes, making Lula’s response both diplomatic and defiant. Lula warns Brazil won’t bow to trade threats over Bolsonaro case While the Biden administration had avoided direct involvement in Bolsonaro’s legal troubles, Trump’s re-election has shifted the US tone. The proposed tariffs, which were set to take effect on August 1, were recently delayed. Some Brazilian products were temporarily exempted from the tariffs. However, the US government imposed sanctions on Justice Alexandre de Moraes, the judge handling Bolsonaro’s case. Lula reacted sharply to these developments, describing them as unacceptable for a political situation to be used as a basis for economic punishment. He told his audience that Brazil would not tolerate threats disguised as trade negotiations and insisted that no one had the right to punish the country…
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