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Brazilian President Lula da Silva remains defiant in the face of impending 50% US tariffs imposed by Donald Trump, partially in retaliation for the legal proceedings against Jair Bolsonaro. Lula, in an interview with the New York Times, urged a compromise, emphasizing Brazil's sovereignty and willingness to negotiate economic issues while maintaining that Bolsonaro's legal case is non-negotiable. Despite expressing concerns about the economic impact, Lula believes a resolution is possible, drawing parallels to the unfounded Y2K fears. Experts however, believe Trump is unlikely to back down due to his personal connection with Bolsonaro and his own political experiences.

Prepared by Rachel Morgan and reviewed by editorial team.