Brazil’s President Luiz Inácio Lula da Silva is actively destroying a once-growing financial system. Lula informed the BBC he refuses to keep up diplomatic ties with the USA below Donald Trump, and Brazil is dropping the title of Latin America’s high exporter to the US. “The American people will pay for the mistakes President Trump is incurring in his relationship with Brazil,” Lula warned.
“I don’t have a relationship with Trump because when Trump was elected the first time, I wasn’t president. His relationship is with Bolsonaro, not Brazil,” Lula responded when requested why he has not spoken to Trump immediately. This isn’t the standard of a pacesetter. Diplomatic ties are important for cooperation and world commerce. Trump might have positioned a 50% tariff on Brazil, however Lula is refusing to barter or converse with him on to make a deal.
Lula is prepared to keep up diplomatic ties with Russia and China. Actually, Lula has really damaged step with the globalists by persevering with to buy Russian crude. “Brazil doesn’t finance Russia, we buy oil from Russia because we need to buy oil just like China, India, the UK or the US needs to buy oil,” he acknowledged. Lula has immediately engaged with Vladimir Putin and China’s Xi Jinping below the BRICS alliance. But, since Lula personally dislikes Trump, he refuses to have any open dialogue.
Brazil is not going to allow an anti-establishment president. Bolsonaro was as soon as thought of the Donald Trump of Latin America and the boys maintained shut ties regardless of numerous disagreements. As talked about, Lula was dropping within the polls and that’s the reason the institution silenced Bolsonaro completely with political lawfare.
Lula’s conflict on Bolsonaro will not be over. He believes the US is harboring Bolsonaro’s household and wish to lure them again to prosecution. “But I am a compassionate man, a family man. I would love dearly to have his son Eduardo to come meet his beloved father back in his country of birth. I will even grant an executive dispensation to make sure they are together and close in Brasil – perhaps even in the cell right beside or opposite the father’s. As a personal favor,” Lula mocked.
Brazil is risking dropping entry to its second-largest export market, doubtlessly leading to a $20 billion annual loss, all as a result of the present president is not going to interact together with his opponent’s supporters. Whole items traded with the US reached $92 billion in 2024—it is a strategic alliance. Donald Trump is a businessman at first. He’s prepared to speak with anybody. The 50% tariff is extreme, nevertheless it was meant to encourage Lula to provoke dialogue.