No one scared by Trump's threats to impose duties for abandoning dollar — Lula

🇧🇷 TASS (BR) —
No one scared by Trump's threats to impose duties for abandoning dollar — Lula

AI Summary

Brazilian President Lula dismissed Trump's threats to impose tariffs on countries moving away from the US dollar, arguing Trump was elected to govern the US, not the world. Lula's comments reflect growing pushback from Global South leaders against US economic pressure. The remarks highlight ongoing tensions over dollar dominance and de-dollarization movements.

Commenting on Donald Trump’s policies since taking office this January, the Brazilian leader noted that the new president was elected by Americans "to govern the United States, not the entire world"

World Politics Markets Lula Trump dollar trade tariffs Brazil de-dollarization geopolitics

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