Lula Wins Tariff Battle with Trump

Markets & Money Today | 2 Min News | The Daily News Now! - En podcast av The Daily News Now! - Lördagar

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Brazilian President Lula da Silva secures a major victory over former President Donald Trump, as Trump lifts tariffs on Brazilian food products, including coffee and beef. This decision comes after Trumps failed attempt to use tariffs to influence a coup trial involving Bolsonaro. Lulas strategic approach of defiance, patience, and charm outlasted Trumps underestimation of the economic cost of a trade war with a significant trade partner. This victory could set a precedent for other nations dealing with Trump and boosts Lulas approval ratings ahead of Brazils 2026 election.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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