Lula expects Trump to cut more tariffs on Brazilian products

Published 03/12/2025, 12:38
Lula expects Trump to cut more tariffs on Brazilian products

Investing.com -- Brazilian President Luiz Inacio Lula da Silva said on Wednesday he anticipates U.S. President Donald Trump will soon reduce additional tariffs on Brazilian products, following their phone conversation on Tuesday.

"We are close to hearing good news from the U.S.," Lula told TV channel Verdes Mares, describing his call with Trump as "extraordinary."

Last month, Trump removed extra tariffs on several Brazilian food items, including coffee and beef. These tariffs had been implemented in July as a response to Brazil’s prosecution of former right-wing President Jair Bolsonaro.

During their discussion, the two leaders also agreed to work together in combating organized crime, Lula added.

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