The main source of frustration stems from the US’s recent decision to impose a 40% tariff on Brazilian imports, resulting in a total tariff rate of 50%. This move has caused significant tension between Washington and Brasília, impacting trade relations. In response to this tariff hike, former Brazilian President Lula has declared his intention to strengthen ties with other BRICS nations. Lula’s defiance against the US tariffs demonstrates a commitment to fostering relationships with key global partners, such as India and China, within the BRICS framework.
‘Will call Modi, Xi’: Lula vows to deepen BRICS ties following Trump’s tariffs on Brazil
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