Lula, Macron discuss US tariffs and Mercosur-EU trade deal

Published 20/08/2025, 15:28
Lula, Macron discuss US tariffs and Mercosur-EU trade deal

Investing.com -- Brazilian President Luiz Inacio Lula da Silva and French President Emmanuel Macron held a phone conversation on Wednesday to address key trade issues, according to a statement from the Brazilian government.

During the call, Lula expressed his opposition to tariffs on Brazilian goods. The two leaders also committed to finalizing negotiations on the long-anticipated trade agreement between the South American Mercosur bloc and the European Union by the end of 2025.

The discussion touched on multiple trade topics, including U.S. tariffs that have been a point of concern for Brazil. The statement indicated both presidents are aligned on accelerating the conclusion of the Mercosur-EU trade negotiations, which have been ongoing for years.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.