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Investing.com -- Brazilian President Luiz Inacio Lula da Silva said Tuesday he will call U.S. President Donald Trump again if trade negotiations between their countries don’t advance by the end of the COP30 climate conference this month.
The two leaders met in Malaysia in October to address tensions after Trump increased tariffs on most Brazilian imports to the United States from 10% to 50% in August.
"I left the meeting with President Trump certain that we will reach an agreement," Lula told reporters in Belem. "I told him that it was very important that our negotiators start talking soon."
Lula indicated that Vice President Geraldo Alckmin and Finance Minister Fernando Haddad are prepared for a new round of negotiations and could travel to the United States if necessary.
The Brazilian president emphasized his commitment to resolving the trade dispute, stating, "When COP30 ends, if the meeting between my negotiators and his hasn’t been scheduled yet, I’ll call Trump again."
Brazil is hosting the United Nations climate conference COP30 this month, providing a deadline for progress in the trade talks between the two nations.
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