Brazil's Tariffs Soar to 50% as Lula Strengthens Ties with China Amid Trump Pressure
Recently, Brazil's tariffs have reached a staggering 50%, drawing global attention. President Lula's remarks have been accused of provocation, particularly after Trump expressed his dissatisfaction. Brazil continues to push for a dollar alternative mechanism among BRICS nations to reduce reliance on the US dollar.
Trump has publicly criticized Brazil's judicial actions, claiming they resemble a 'witch hunt.' Despite the external pressures, Lula remains steadfast in his cooperation with China, demonstrating Brazil's firm stance on the international stage.
