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Reading: Trump, Lula speak for half-hour, change numbers and Brazilian boss asks once more for lifting of 40% tariff | Fortune
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Asolica > Blog > Business > Trump, Lula speak for half-hour, change numbers and Brazilian boss asks once more for lifting of 40% tariff | Fortune
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Trump, Lula speak for half-hour, change numbers and Brazilian boss asks once more for lifting of 40% tariff | Fortune

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Last updated: October 6, 2025 10:22 pm
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4 months ago
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Trump, Lula speak for half-hour, change numbers and Brazilian boss asks once more for lifting of 40% tariff | Fortune
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Brazilian President Luiz Inácio Lula da Silva requested U.S. President Donald Trump throughout a telephone dialog Monday to elevate the 40% tariff imposed by the U.S. authorities on Brazilian imports.

The leaders spoke for half-hour, exchanged telephone numbers, and Lula reiterated his invitation for Trump to attend the upcoming local weather summit in Belem, in line with a press release from Lula’s workplace.

Later, Trump posted on Fact Social that he had had an excellent dialog with Lula. “We discussed many things, but it was mostly focused on the Economy, and Trade, between our two Countries,” Trump wrote, including that the leaders “will be having further discussions, and will get together in the not too distant future, both in Brazil and the United States.”

The Trump administration had imposed a 40% tariff on Brazilian merchandise in July on prime of a ten% tariff imposed earlier. Lula reminded Trump that Brazil was one in every of three G20 international locations with which the U.S. maintains a commerce surplus.

The Trump administration justified the tariffs saying that Brazil’s insurance policies and prison prosecution of former President Jair Bolsonaro represent an financial emergency. Earlier this month Bolsonaro was convicted of making an attempt a coup after shedding his bid for reelection in 2022 and a panel of the Supreme Court docket sentenced him to 27 years and three months in jail.

Lula additionally supplied to journey to Washington to fulfill with Trump, to proceed the dialog they began when they met on the United Nations Basic Meeting earlier this month.

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