tradingkey.logo

Brazil's Lula calls for BRICS financial integration amid tariff tensions

ReutersSep 8, 2025 2:38 PM

- Brazilian President Luiz Inacio Lula da Silva said on Monday that trade and financial integration between the BRICS group of developing nations allows mitigating the effects of protectionism.

"Tariff blackmail is being normalized as a tool for conquering markets and interfering in domestic issues," Lula said without directly citing the United States, according to remarks published by the Brazilian government.

In an interview with Reuters last month, Lula said he would discuss President Donald Trump's tariffs with the BRICS group.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

Tradingkey
KeyAI