Just before meeting with United States President Donald Trump, President Luiz Inácio Lula da Silva (PT) hardened his stance against protectionism, suggesting the use of national currencies in commercial transactions with Indonesia. The speech took place in Jakarta, where Lula criticized the growing protectionist policies of the US. He emphasized the need for countries to embrace multilateralism and not engage in trade wars. Lula’s strong remarks coincided with his upcoming meeting with Trump, signaling a clear message of opposition to US trade measures.

Lula criticizes the use of the dollar again and sends a message to Trump: “We do not want a cold war”

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