Brasslia:
Brazilian President Luiz Insio Lula Da Silva said on Thursday that if American counterpart Donald Trump promoted tariffs on Brazil’s products, he would be mutual – but he would like better relations on a business war.
Latin American veterans are one of the countries that Trump has threatened by high tariffs.
Lula, 79, said at a press conference, “It is very simple: if he taxes Brazilian products, Brazil will take products exported from the United States to tax.”
Lula, currently in his third term, stated that he would prefer to “improve our relations with the United States” and promote trade relations with Brazil’s second largest trading partner after China.
“I want to honor Brazil for the United States and Trump. All this is,” he said.
Citing Trump’s comments that he plans to withdraw the Panama Canal or get Greenland control, Lula said “he only has to respect the sovereignty of other countries.”
Lula also underlined the global threats facing democracy.
“For me, democracy is the most important thing in humanity right now … either we work on democracy or we will have more powerful states than Hitler and Fascism.”
Lula, whose country, would host the Cop30 UN climate dialogue in the Amazonian city of Balem in November, said that Trump’s decision to withdraw from the Paris Climate Agreement was “one step behind human civilization.”
He said that he did not want a summit, where “measures are approved, everything looks great on paper and then no one complies with the country,” previous promises to slamming rich countries Climate change to help developed countries deal with decline to help give billions of dollars to fail to complete.
“We want something very real so that we can know whether we are serious or not about the climate issue.”
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The President held a comprehensive press conference in the capital Brasilia, urging journalists not to return to their questions as his government wants to recover the story after battling the wave of disintegration.
After undergoing emergency surgery to prevent a brain blood shed in December, Lula vowed that he was completely cured and “30 years old energy”.
With less than two years of time for his third presidential post, Lula’s approval rating according to a quest poll published this week, with a significant decline in support of its major election base in the country’s low-income north-east, 47, 47 The percentage is drowned. ,
Lula said that he was “not worried” about opinion surveys, and removed the concerns about high interest rates and public loans.
As expected, the Central Bank on Wednesday despite a new bank president appointed by Lula, despite a new bank president, increased the major interest rate of 13.25 percent from a point – which criticizes the increase in previous interest rate Is of
Lula said, “The chairman of the Central Bank cannot make a U-turn in a stormy ocean,” he said that he had faith in the new bank chief Gabriel Gallipolo, who would “be autonomous to” whatever is necessary. “
Lula also sought to reduce concerns over government interventions to reduce food prices and vow to his commitment to “fiscal responsibility”.
His government is reducing import tariffs on some goods, and he highlighted the need to provide more funding to increase production, saying that it is “the biggest credit program in the history of this country” for banks. They were working on a plan.
In December, concerns over Brazil’s ability to curb public expense sent to record their currency, real, mopes compared to dollars.
(Except for the headline, the story has not been edited by NDTV employees and is published by a syndicated feed.)
