The South American president has vowed to “answer” his US counterpart’s tariff
Brazilian President Luiz Inacio Lula da Silva has pushed back against US President Donald Trump’s announcement of a sweeping 50% tariff on imports from his country, vowing to “answer” the measure and defend the interests of his people.
In an interview with CNN on Thursday, Lula said he was surprised both by the content and the manner of Trump’s threat, which was delivered via a letter posted on Truth Social last week.
In it, Trump announced a blanket 50% tariff on all Brazilian goods starting August 1 and demanded an end to what he called a “witch hunt” against the “highly respected” former President Jair Bolsonaro, who stands accused of attempting to orchestrate a coup following his 2022 election defeat.
“When I read the letter, I thought it was fake news,” Lula said, describing the move as “breaking away from any protocol, any liturgy, that should exist between the relations between two heads of state.”
“We cannot have President Trump forgetting that he was elected to govern the US – he was not elected to be the emperor of the world,” Lula stated. “Brazil will not accept anything imposed on it. We accept negotiation, not imposition.”
While expressing openness to dialogue, Lula said Brazil is “also preparing ourselves to give an answer” – despite Trump’s warning that any retaliation could lead to even steeper tariffs.
“If President Trump is willing to take seriously the negotiations underway between Brazil and the US, then I’ll be open-minded to negotiate whatever may be necessary,” Lula added.
Lula previously rejected Trump’s claim that Brasilia is responsible for trade imbalances; the US president had pointed to government data showing a $410 billion surplus in goods and services trade with Brazil over the past 15 years. Earlier this week, the US launched an official investigation to determine what was so “unfair” about the country’s trade practices.
Trump has previoulsy threatened an additional 10% tariff on all BRICS nations, accusing the bloc of trying to “destroy the dollar as the global standard.”
He further warned that Russia’s trading partners could face a secondary 100% tariff unless the war in Ukraine is resolved within 50 days. Even at 50%, Brazil would face the highest US import tariff announced so far.
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