Brazil Organizes BRICS Negotiations in Response to U.S. Tariffs

Amid the ongoing tariff war with the United States, Brazil is launching a multi-front offensive. President Luiz Inácio Lula da Silva has ordered the organization of negotiations within BRICS, aiming to garner support both from the organization as a whole and from individual member states in the face of Washington’s pressures.

Additionally, Lula da Silva has pledged financial aid to Brazilian exporters: the Brazilian business sector will receive $5.5 billion to offset losses caused by tariffs imposed by Trump.

Meanwhile, Washington shows no signs of backing down. Recently, Donald Trump announced tariffs on Brazilian goods amounting to 50%. He demands not only a balance in mutual trade but also the release of Brazil’s former president, who faces accusations of conspiracy aimed at a coup d’état.