Lula seeks diplomatic solution but vows reciprocal tariffs if needed Trump links tariffs to Bolsonaro's legal issues Brazilian sectors like aviation and banking feel immediate pressure from tariff ...

Brazil's Lula vows tariff retaliation against Trump, leaves door open for diplomacy Jul. 11, 2025 2:16 AM ET iShares MSCI Brazil ETF (EWZ) By: Arundhati Sarkar, SA News Editor 44 Comments Play (1min) ...

As Brazil’s Luiz Inacio Lula da Silva and Donald Trump trade blows, the person they are fighting over has sent mixed signals to investors trying to divine who will blink first.

Brazil’s President forcefully rebuked Trump after the U.S. leader called the prosecution of Lula’s predecessor, Bolsonaro, a “witch hunt” and hiked tariffs on the Latin American nation.

President Luiz Inacio Lula da Silva insisted Brazil can survive without trade with the US and will look to other partners to replace it, a sharp response to Donald Trump after the American leader ...

Brazilian President Luiz Inacio Lula da Silva on Wednesday said that his nation would act with reciprocity, hours after U.S. President Donald Trump slapped Latin America's largest economy with 50% ...

President Luiz Inacio Lula da Silva said Thursday he wants a diplomatic solution to President Donald Trump's threat of new tariffs, but vowed retaliation if they took effect on Aug. 1.

Brazilian President Luiz Inácio Lula da Silva warned on Wednesday that his government is prepared to retaliate after President Trump announced plans to impose 50 percent tariffs.

Lula said he will trigger Brazil's reciprocity law approved by Congress earlier this year if negotiations with the U.S. fail.

Lula said he will trigger Brazil's reciprocity law approved by Congress earlier this year if negotiations with the U.S. fail.

Lula said he will trigger Brazil's reciprocity law approved by Congress earlier this year if negotiations with the U.S. fail.

Brazil's President Lula is firing back at Trump's 50% tariff threat — saying Brazil is ready to match any U.S. import taxes, dollar for dollar.