Story thread · 5 reports / 5 sources

Brazil's Lula and US Pres. Trump held phone call on Friday.

investinglive.com · 2h · first reportShare

Brazilian President Luiz Inácio Lula da Silva and U.S. President Donald Trump held a phone call Friday, with trade and tariffs among the issues discussed. According to the Brazilian government: Lula and Trump held a phone call on Friday, discussing both the bilateral relationship and the broader global agenda. Lula reaffirmed the need for negotiations over tariffs between Brazil and the United States. Lula reiterated Brazil's commitment to cooperating with the U.S. in combating organized crime. Trump suggested that Brazilian and U.S. officials resume meetings as soon as possible. The timing of the call is particularly interesting given Trump's separate announcement on beef. Earlier today, Trump announced a 90-day increase in the amount of beef that can enter the U.S. without the normal out-of-quota tariff, as the administration looks to increase supplies and bring down elevated beef and hamburger prices. That - coupled with these comments - brings Brazil squarely into the discussion. B