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The Pescadero Perspective
news Mercopress 2026-06-04

Brazil President Lula Rejects US Tariffs, Cites Trade Deficit

Brazilian President Luiz Inácio Lula da Silva has pushed back against US tariffs, arguing that the US runs a trade surplus with Brazil and that Brazil would be the party justified in imposing tariffs.


<p> <img alt="&#147;The US surplus over the past 15 years was 415 billion dollars. So we were the ones who should have raised taxes, not them,&#148; Lula said" height="80" src="https://en.mercopress.com/data/cache/noticias/110356/100x80/luka.jpg" style="float: left; margin: 0 12px 6px 0; border: 1px solid #333;" width="100" /> Brazilian President Luiz Inácio Lula da Silva on Tuesday rejected the US government's argument that Brazil engages in “unreasonable” practices in the ...

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