Amid Donald Trump’s threat to impose 50% tariffs on Brazilian imports starting August 1, Brazilian President Luiz Inácio Lula da Silva hits back forcefully. Speaking from Rio de Janeiro, Lula accuses the U.S. of eyeing Brazil’s critical rare earth minerals while pushing an unfair trade agenda.
In a fiery statement, Lula underscores Brazil’s sovereignty over its natural resources, outlines plans for a national mineral survey, and calls for respectful diplomacy over unilateral economic threats. With 398 new markets opened under his presidency, Lula insists Brazil is open for trade — but not at the cost of its autonomy.
#donaldtrump #lula #tradewar
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