Categories: Business

Trump says he's willing to reduce tariffs on Brazil in right circumstances

Published by
TDG Syndication

ABOARD AIR FORCE ONE (Reuters) -U.S. President Donald Trump said on Friday he would consider reducing tariffs on Brazil, under the right circumstances. Trump was speaking on Air Force One heading to Malaysia for a regional summit.  Trump increased tariffs on U.S. imports of most Brazilian goods to 50% from 10% in early August, linking the move to what he called a "witch hunt" against the South American country's former President Jair Bolsonaro. Speaking in Kuala Lumpur, Brazil's current President Luiz Inacio Lula da Silva, known as Lula, said he was optimistic a deal with Trump would be reached.  "It all depends on the conversation, I work with the optimism that we can find a solution," Lula told journalists. (Reporting by Trevor Hunnicutt and Eduardo Simoes; Writing by Martin Petty and Oliver Griffin; Editing by David Stanway and Deepa Babington) (The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)
TDG Syndication
Published by TDG Syndication