Lula and Macron Discuss Tariffs and Trade Deal

Brazilian President Lula and French President Macron discussed U.S. tariffs and the Mercosur-European Union trade deal. Lula opposed tariffs on Brazilian goods, and both leaders committed to concluding negotiations on the trade deal by the end of the year.

In a significant diplomatic conversation, Brazilian President Luiz Inacio Lula da Silva and French President Emmanuel Macron addressed key economic issues over a phone call on Wednesday. The primary topics were U.S. tariffs on Brazilian goods and advancing the Mercosur-European Union trade deal.

Lula firmly stated his opposition to the ongoing U.S. tariffs impacting Brazilian exports. Both leaders recognized the importance of economic cooperation and reinforced their mutual desire to resolve these trade tensions.

Moreover, Lula and Macron pledged to expedite negotiations, aiming to finalize the comprehensive trade agreement between the Mercosur countries and the EU by year-end, demonstrating a commitment to strengthen economic ties across continents.

(With inputs from agencies.)