Leaders of Mexico and Brazil vow to strengthen trade relations
Brazil's President Luiz Inacio Lula da Silva flashes a thumbs up and winks, accompanied by first lady Rosangela da Silva during a presentation of the federal government's achievements of the past two years, in Brasilia, Brazil, April 3, 2025
THE leaders of Mexico and Brazil have vowed to strengthen trade between their nations, Latin America’s two biggest economies.
The move provides evidence of the sort of trade alliances likely to be developed as a counterweight to US President Donald Trump’s shifting positions on global tariffs, which have thrown markets into chaos.
Mexican President Claudia Sheinbaum and Brazilian President Luiz Inacio “Lula” da Silva met on Wednesday on the sidelines of a major regional summit in Honduras, where leaders planned how to respond to Mr Trump’s tariffs and escalating deportations, among other issues.
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