Monday, 20 July 2026 · World
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EUROS The World Financial Report
Nº 9 Monday, 20 July 2026 · World Edition
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Emerging Markets

Lula asks Trump to explain 25% tariffs on Brazil, speaks of a "war of truth"

MercoPress · 18h ago · 🇺🇸 United States
Lula asks Trump to explain 25% tariffs on Brazil, speaks of a "war of truth"

Brazilian President Luiz Inácio Lula da Silva publicly called on his US counterpart, Donald Trump, to explain the reasons behind the 25% tariffs he imposed on most Brazilian products, a measure Brasília attributes to political rather than commercial motives. The levies, announced on July 15 by the Office of the US Trade Representative, will take effect on July 22.

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