Foreign Trade
Lula and Trump discuss tariffs and nuclear deal at White House meeting
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Brazilian President Luiz Inácio Lula da Silva handed Donald Trump a copy of the 2010 nuclear agreement mediated by Brazil and Turkey. The leaders also addressed trade tariffs and proposed a working group to resolve differences within 30 days.
China's foreign trade rose 18.3 percent year-on-year to 7.73 trillion yuan in the first two months of 2026, economists say this will underpin the country's growth target and provide stability for the global economy. Exports increased 19.2 percent, while imports grew 17.1 percent, reflecting improved global demand and domestic industrial strengths.
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A Brazilian economist has criticized the recent increase in import taxes, arguing that historical experience shows this policy fails to generate investments, innovation, or productivity. In an article in Folha de S.Paulo, the author highlights flaws in the official justification and negative impacts on competitiveness.