Published : 07 Oct 2025, 02:35 AM
Updated : 21 Aug 2026, 02:33 PM
Brazilian President Luiz Inacio Lula da Silva and United States President Donald Trump held a "positive" videoconference callon Monday, Brazil's Finance Minister Fernando Haddad said.
"President Lula has already recommended the release of a statement," Haddad told reporters in Brasilia after the meeting.
Last month, following a brief encounter at the UN General Assembly in New York, Trump said he planned to meet with Lula and highlighted their "excellent chemistry".
A meeting between the two leaders has been closely watched by Brazilian markets after Trump imposed a 50 percent tariff on several Brazilian goods in August.
At the time, Trump said the tariffs were a response to what he described as a "witch hunt" against former Brazilian President Jair Bolsonaro, his ally, who was later sentenced to 27 years in prisonfor attempting to stage a coup to remain in power after he lost the 2022 elections to Lula.
