SAO PAULO (Reuters) – Brazilian President Luiz Inacio Lula da Silva said on Thursday that tariffs implemented by U.S. President Donald Trump should cause higher inflation, criticizing the Republican’s trade policies as “not the right thing to do”.
Lula, in a radio interview, repeated that there would be reciprocity if Trump issues tariffs on Latin America’s largest economy. “That could push inflation up in the entire world,” the leftist leader said.
(Reporting by Gabriel Araujo and Lisandra Paraguassu)
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