Lula slams Trump tariffs, defends Brazil’s right to tax US firms
Brazil's President Lula hit back at Trump's 50% tariffs, saying he won't take orders from a "gringo." He defended Brazil's right to tax US tech firms and criticised Trump's support for Bolsonaro. The tariffs, effective Aug 1, target Brazil's key exports. Embraer warned of severe revenue hits. Stocktwits sentiment for Brazil ETF EWZ remains 'bullish'.