Brazil Unveils $5.5B Plan to Counter Trump Tariffs
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Brazilian President Lula da Silva announced a $5.5 billion plan to aid exporters impacted by Donald Trump's 50% tariffs. The plan includes credit, tax postponements, and incentives for local production. Lula disputes the tariffs' justification, citing Trump's support for Bolsonaro and alleging US hypocrisy regarding human rights. While criticizing the tariffs, Lula emphasizes Brazil's willingness to negotiate and avoid escalating conflict with the US.
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