The President Luiz Inácio Lula da Silva (PT) is trying to organize a virtual meeting of Brics leaders in September as a reaction to Trump’s tariff hike. The meeting is expected to address protectionist measures, similar to what Trump has implemented. Lula aims to propose a reform of the World Trade Organization (WTO) during the meeting. This initiative is seen as a crucial step in response to the recent rise in protectionist policies worldwide. The virtual gathering is set to bring together leaders from Brazil, Russia, India, China, and South Africa.
Lula organizes virtual Brics meeting to propose WTO reform
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