Brazil Downplays Impact of US Tariffs Amid Diplomatic Strain

Brazil's government minimizes the projected impact on economic growth from the 50% US tariff threat. While oil remains exempt, other industries like aerospace may feel the pinch. President Lula seeks negotiation with Trump, emphasizing Brazil's diversified trade. China's criticism amplifies the geopolitical tension.

Brazil's government downplayed the economic repercussions of potential US tariffs, stating only specific sectors like aerospace might suffer.

President Lula signals a diplomatic approach with Trump, despite China's condemnation of US trade tactics. Brazil seeks alternative markets for impacted goods.

While a significant trade partner, economic diversification over years reduces US reliance for Brazil, challenging Trump's tariff strategy.

(With inputs from agencies.)