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View all search resultsLula said at a briefing on the sidelines of the ASEAN summit in Malaysia that his discussions with Trump had gone welland that an agreement would be reached "faster than anyone thinks."
This handout picture released by the Brazilian Presidency shows Brazil's President Luiz Inacio Lula da Silva (right) shaking hands with US President Donald Trump during a bilateral meeting on the sidelines of the 47th Association of Southeast Asian Nations (ASEAN) Summit in Kuala Lumpur on October 26, 2025. (AFP/Ricardo Stuckert)
razil's President Luiz Inacio Lula da Silva said on Monday that US President Donald Trump had "guaranteed" that the two countries would reach a deal on trade during a recent meeting between the two leaders.
Lula said at a briefing on the sidelines of the ASEAN summit in Malaysia that his discussions with Trump had gone welland that an agreement would be reached "faster than anyone thinks."
The United States has imposed 50 percent tariffs on Brazilian products in retaliation against the sentencing of former president Jair Bolsonaro.
Lula said recent decisions made by the United States against Brazil were "incorrect".
However, he said he would be willing to discuss any issue with Trump and was also willing to help the United States on the issue of Venezuela.
"I told him that it was extremely important to take into account Brazil's experience as the largest country in South America, as the most economically important country that has almost all of South America as a neighbour," Lula said.
Lula added that "he (Trump assured me that we are going to have an agreement".
In addition to the tariffs, the United States also imposed sanctions against several Brazilian officials, including a top Supreme Court judge, to punish Brazil for what Trump termed a "witch hunt" against his ally, far-right former president Jair Bolsonaro.
Asked by a reporter on Sunday whether Bolsonaro would form part of Trump's discussions with Lula, Trump replied: "None of your business."
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