Brazil President Luiz Inacio Lula da Silva’s defiant response to Donald Trump’s 50% tariff threat was validated Wednesday — at least in the short term — with markets and businesses breathing a collective sigh of relief at the long list of exemptions to the levies.

Brazil President Luiz Inácio Lula da Silva’s defiant response to Donald Trump’s 50% tariff threat was validated Wednesday — at least in the short term — with markets and businesses breathing a collective sigh of relief at the long list of exemptions to the levies.

Earlier this week, Haddad said Brazil needed assurance Lula would not face the same treatment as Ukraine's Volodymyr Zelenskiy, who came under fire from Trump and Vice President J

Donald Trump’s tariff threat against Brazil over a legal probe into his political ally, former President Jair Bolsonaro, caught the Supreme Court in Brasilia off guard.Most Read from BloombergWhy the Federal Reserve’s Building Renovation Costs $2.

President Donald Trump has signed an executive order to impose his threatened 50% tariffs on Brazil WASHINGTON -- President Donald Trump signed an executive order Wednesday to impose his threatened 50% tariffs on Brazil,

U.S. President Donald Trump signaled on Friday that he is willing to speak directly with Brazilian President Luiz Inacio Lula da Silva to address escalating trade tensions. He can talk to me anytime he wants,

President Luiz Inácio Lula da Silva has signaled a firm stance in response to President Donald Trump’s threat to impose sweeping 50 percent tariffs on Brazilian goods, set to take effect August 1. The tariff announcement explicitly linked to Brazil’s ongoing criminal trial of ex-President Jair Bolsonaro sparked strong pushback from Brasília.