Printed on: Aug 07, 2025 10:35 pm IST
Lula and PM Modi mentioned the significance of “defending multilateralism and the necessity to tackle the challenges of the present scenario”.
Prime Minister Narendra Modi and Brazilian President Luiz Inacio Lula da Silva agreed to “defend multilateralism” after US President Donald Trump imposed sweeping “unilateral” tariffs on each nations.
Trump raised India’s tariffs to 50 per cent by imposing a further 25 per cent levy on its items on Wednesday, ensuing within the tally matching the tariff imposed on Brazil, i.e., 50 per cent.
In a put up X, Lula stated, “We mentioned the worldwide financial situation and the imposition of unilateral tariffs. Brazil and India are, up to now, the 2 most affected nations. We reaffirmed the significance of defending multilateralism and the necessity to tackle the challenges of the present scenario, in addition to to discover prospects for better integration between the 2 nations.”
