Brazil seeks dollar alternatives for trade

infomoney.com.br (Portuguese)

President Lula stated Brazil will continue seeking alternatives to the US dollar for international transactions, advocating for payment mechanisms in other currencies. This declaration comes amid rising tensions with the US and follows a 50% tariff imposed on Brazilian products. Lula emphasized Brazil's own interests and its refusal to accept political impositions. Lula referenced past regional trade agreements and asserted Brazil's desire for equal treatment, citing historical US involvement in Brazilian politics. He aims for pragmatic foreign policy while upholding national sovereignty.


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Brazil seeks dollar alternatives for trade | News Minimalist