Brasilia: Brazilian President Luiz Inácio Lula da Silva announced that U.S. President Donald Trump has “guaranteed” the completion of a bilateral trade agreement between Brazil and the United States, signaling a possible turning point in relations between the two largest economies in the Western Hemisphere. Speaking to reporters after discussions held on the sidelines of the ASEAN Summit in Kuala Lumpur, Lula expressed optimism that the agreement would be finalized “faster than anyone thinks,” highlighting what he described as a new phase of cooperation built on mutual economic interests.
The statement comes against a backdrop of growing trade friction, as Washington recently imposed steep 50 percent tariffs on Brazilian goods following the sentencing of former Brazilian president Jair Bolsonaro. Lula called the tariffs “incorrect and unjust,” asserting that Brazil would respond through diplomatic dialogue rather than confrontation. He emphasized that constructive engagement with the United States was essential to “restore balance and fairness” in trade relations that have been strained by political and economic disagreements over the past year.
Lula also revealed that his talks with Trump extended beyond commerce, touching upon regional stability and shared diplomatic goals. He said Brazil was prepared to assist the United States in addressing the Venezuelan crisis, suggesting that the new trade discussions could become part of a broader geopolitical partnership. By positioning Brazil as both an economic and political intermediary, Lula underscored the country’s central role in South America’s stability and its influence on regional affairs.
The Brazilian president reaffirmed that his government’s approach to international relations is based on dialogue, not dependency. “We are the most economically important country that has almost all of South America as our neighbour,” Lula remarked, noting that Brazil’s agricultural and industrial strength makes it a crucial trading partner for the United States. He stressed that any future agreement must respect Brazil’s sovereignty while promoting growth and fair competition for both nations.
A trade deal between Brazil and the United States could reshape hemispheric commerce, especially in key sectors such as agriculture, energy, and technology. Analysts believe that if successful, the deal could reduce tariff barriers, encourage investment, and enhance supply chain cooperation between the Americas. However, they also warn that negotiations may face domestic challenges in both countries, with U.S. industries cautious about competition from Brazilian exports and Brazilian workers wary of increased dependence on American markets.
For Lula, the potential agreement represents not only an economic opportunity but also a diplomatic victory an affirmation of Brazil’s relevance in global negotiations at a time when Latin American nations are seeking stronger voices in world affairs. As he concluded his remarks, the president expressed confidence that “the path of dialogue and respect will prevail,” and that Brazil’s partnership with the United States could serve as a model of how former rivals can work together toward shared prosperity and peace.