The president is scheduled to discuss it with vice-President and Development Minister Alckmin today. Alckmin is leading the negotiations with the US authorities and the Brazilian productive sector.

The Brazilian president also believes Jair Bolsonaro should be tried for inciting the US to use trade as a weapon over the latter’s trial for plotting to overturn the 2022 election

Indian Prime Minister Narendra Modi and Brazil's President Luiz Inacio Lula da Silva spoke by phone on Thursday, their offices said, discussing a broad range of topics that included tariffs imposed by the United States on goods from both countries.

Brazil was not the only country targeted for political reasons. India faces a comparable rate for buying Russian oil. Mr Trump warned Mark Carney, Canada’s prime minister, that recognising a Palestinian state would make trade negotiations “very hard”.

Brazil has requested consultations at the World Trade Organization over tariffs imposed by U.S. President Donald Trump on the South American nation.

BRASILIA, Aug 6 (Reuters) - Brazilian President Luiz Inacio Lula da Silva presented himself as a torchbearer for multilateralism in a fractured world in an interview with Reuters on Wednesday, revealing plans to call the leaders of India and China to discuss a joint BRICS response to tariffs on U.S. imports imposed by President Donald Trump.

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.