EconomyLens.com
No Result
View All Result
Monday, October 27, 2025
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Economy

‘Definitive solution’ on Brazil-US trade within days: Lula

David Peterson by David Peterson
October 27, 2025
in Economy
Reading Time: 5 mins read
A A
4
19
SHARES
239
VIEWS
Share on FacebookShare on Twitter

Brazil's President Luiz Inacio Lula da Silva (R) says a trade deal with the United States could happen in days, following his meeting with President Donald Trump. ©AFP

Kuala Lumpur (AFP) – Brazil’s President Luiz Inacio Lula da Silva said Monday a trade deal with the United States could happen within days, possibly easing punitive tariffs after months of animosity. Lula met President Donald Trump at an Association of Southeast Asian Nations (ASEAN) summit on Sunday, after urging the US leader earlier this month to lift punitive 50 percent trade tariffs.

Related

ECB to hold interest rates steady with inflation subdued

TotalEnergies approves restart of $20-bn Mozambique gas project

French government under pressure as lawmakers set to vote on wealth tax

Trump heads to Asia for Xi talks, eyes Kim meeting

US September consumer inflation rose less than expected, delayed data shows

“I’m convinced that in a few days we’ll have a definitive solution….so that life can continue well and happily,” Lula told reporters in Malaysia on Monday. The two leaders of the Americas’ largest economies stand on polar opposite sides on issues such as multilateralism, international trade, and the fight against climate change. Trump has instituted a 50 percent tariff on many Brazilian products. He has also imposed sanctions on several top officials, including a Supreme Court judge, to punish Brazil for what he termed a “witch hunt” against former president and ally Jair Bolsonaro.

In September, Brazil’s Supreme Court sentenced Bolsonaro to 27 years in prison for his role in a botched coup bid after his 2022 election loss to Lula. Trump again on Sunday told reporters he felt “very badly about what happened” to Bolsonaro. “I’ve always thought he was a straight-shooter, but you know, he’s going through a lot,” Trump said. Asked by a reporter whether Bolsonaro would form part of Trump’s discussions with Lula, Trump replied: “None of your business.”

– ‘Surprisingly good’ – Lula, who turned 80 on Monday, stressed that the issue about Bolsonaro had ended after his talks with Trump, saying the jailed politician “is part of the past of Brazilian politics.” Relations between Trump and Lula first began to thaw when the leaders had a brief meeting on the sidelines of the UN General Assembly in September. They then spoke by phone on October 6. On Monday, Lula said his meeting with Trump had been “surprisingly good.”

“He (Trump) assured me that we are going to have an agreement,” he said. Brazilian officials on Monday added they were in a “much more positive scenario” than a few weeks ago. “We are making spectacular progress,” said Marcio Rosa, executive secretary for Brazil’s foreign ministry. Brazil’s Foreign Minister Mauro Vieira said he and other officials had met US Treasury Secretary Scott Bessent. “We agreed to work towards building a satisfactory agreement for both parties in the coming weeks,” Vieira said.

Lula is returning to Brazil on Tuesday, after visits to Indonesia and his first attendance at the ASEAN summit in Kuala Lumpur, highlighting Brazil’s growing partnership with the region.

© 2024 AFP

Tags: BrazilDonald Trumptrade
Share8Tweet5Share1Pin2Send
Previous Post

Australia sues Microsoft over ‘misleading’ AI offer

Next Post

ECB to hold interest rates steady with inflation subdued

David Peterson

David Peterson

Related Posts

Economy

Russia cuts key interest rate, warns of tepid growth

October 24, 2025
Economy

China, US ‘can find ways to resolve concerns’ as negotiators set to meet

October 24, 2025
Economy

Trump’s Asia tour set to spotlight trade challenges

October 25, 2025
Economy

Trump says all Canada trade talks ‘terminated’

October 24, 2025
Economy

Japan inflation rises as new PM eyes economic package

October 23, 2025
Economy

EU takes timid step towards using Russian assets for Ukraine

October 23, 2025
Next Post

ECB to hold interest rates steady with inflation subdued

Asia stocks surge on US-China trade deal breakthrough

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
4 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

79

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Asia stocks surge on US-China trade deal breakthrough

October 27, 2025

ECB to hold interest rates steady with inflation subdued

October 27, 2025

‘Definitive solution’ on Brazil-US trade within days: Lula

October 27, 2025

Australia sues Microsoft over ‘misleading’ AI offer

October 26, 2025
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.