Author: Unknown
Published on: 30/01/2025 | 00:00:00
AI Summary:
Luiz Inacio Lula da Silva said if the United States imposes tariffs on his country, he will respond in kind. Trump has touted tariffs as a mechanism to boost domestic industry. The comments are the latest signal Trump’s efforts may spark a trade war with US allies. Experts tie the mounting shadow of tariffs to Trump’s stated desire to pursue an “America First” foreign policy. Trump teased impending tariffs “to enrich our citizens” but also laid out an expansionist vision for the US’s future. The US has a trade deficit with Brazil, from which it buys products like coffee, oil, steel, aircraft and orange juice.
Original: 573 words
Summary: 111 words
Percent reduction: 80.63%
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