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MANILA (Sputnik) - Brazilian President Luiz Inacio Lula da Silva has stated that following the introduction of US tariffs, the country began seeking new... 15.11.2026, Sputnik International
"Instead of crying or begging the US government to have mercy on Brazil, we decided to look for other partners to whom we could sell and from whom we could buy," Lula da Silva said at a press briefing in Manila. The US share in Brazil's foreign trade has decreased to 9.2%. At the same time, trade turnover with Germany grew by 15.8%, with Vietnam by 13%, and with another 50 countries by an average of 10.5%, the president added. The president also said that Brazil intends to become a permanent partner of ASEAN in order to double its trade turnover - both sales and purchases - with the countries of the association, thereby reducing its dependence on a single country.
© AP Photo / Eraldo PeresBrazilian President Luiz Inacio Lula da Silva speaks during the 17th annual BRICS summit in Rio de Janeiro, Sunday, July 6, 2025
The US share in Brazil's foreign trade has decreased to 9.2%. At the same time, trade turnover with Germany grew by 15.8%, with Vietnam by 13%, and with another 50 countries by an average of 10.5%, the president added.
The president also said that Brazil intends to become a permanent partner of ASEAN in order to double its trade turnover - both sales and purchases - with the countries of the association, thereby reducing its dependence on a single country.
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