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Lula leads Brazil's tariff battle with Trump, but uncertainties remain for 2026

By Henrique Santiago ( December 30, 2025, 13:01 GMT | Comment) -- Brazil’s president used his political skills to eliminate a 50 percent tariff from the US this year, bringing both presidents closer and also resulting in the withdrawal of a major 40 percent levy on several goods. However, the political climate surrounding Brazil’s 2026 presidential election could change the dynamics of their relationship.Brazil's trade policy this year was marked by high tensions with the US....

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