U.S. tariffs on Brazilian goods jumped to 50% on Wednesday, Brazil's President Luiz Inacio Lula da Silva told Reuters in an interview that he saw no room for direct talks now with U.S. President Donald Trump that would likely be a "humiliation."

Brazil is not about to announce reciprocal tariffs, he said. Nor will his government give up on cabinet-level talks. But Lula himself is in no rush to ring the White House.

"The day my intuition says Trump is ready to talk, I won't hesitate to call him," Lula said in an interview from his presidential residence in Brasilia. "But today my intuition says he doesn't want to talk. And I won't humiliate myself."

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[–] 80 points 1 year ago (2 children)

Finally, a sane fuckin approach to the tarriff madness. But it's probably due to them exporting to the US a lot less than what they're importing.

On another note, I really hate that trump's buffoonery is helping brics. They used to be just a bunch of greedy autocrats but now this asshole is giving them common ground to stand on.

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