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2025-08-01 02:00:09
[Brazilian President: Whether the US wants a political fight or trade talks, we're here for it] The US government previously threatened to impose high tariffs on trading partners that failed to reach trade agreements with the US, starting August 1st. Now that the deadline is approaching, Brazil and India have stated that they will not succumb to US pressure and will take all necessary measures to safeguard their national interests. Previously, the US announced a 50% tariff on Brazilian imports starting August 1st. On July 30th, The New York Times published an interview with Brazilian President Lula, in which Lula stated that he had tried to contact US President Trump, but the latter showed no willingness to discuss the tariff issue. Lula stated that the US tariff threat made Brazil "concerned," not "fearful," and that he would not succumb to the US decision. Whether the US wants a political fight or trade talks, Brazil will succumb, but the US should not conflate political and trade issues. (CCTV News)
