Global Tensions Rise as Lula Condemns Trump's Tariff Hikes

Brazilian President Lula criticizes US President Trump's decision to increase tariffs on imports, warning of negative global economic impacts. During his Japan visit, Lula expressed concerns about weakened multilateralism and predicted inflationary consequences. Japan, among other nations, seeks exemption and explores countermeasures.

In a striking rebuke to U.S. President Donald Trump, Brazilian President Luiz Inácio Lula da Silva criticized the recent tariff hikes, emphasizing the potential damage to both American and global economies. Speaking while concluding his official visit to Japan, Lula's remarks underscored mounting international concern over increasing protectionism.

Trump's directive to impose 25% tariffs on car imports has worried Japanese officials, given Japan's status as a key auto exporter. Reflecting on the impacts, Lula noted the economic strain such tariffs could place on U.S. consumers and the broader market, potentially fueling inflation and higher interest rates.

As nations deliberate their responses, Japan's Prime Minister Shigeru Ishiba voiced a desire for exemption and cautioned about considering countermeasures. Meanwhile, Japan strengthens partnerships with countries like Brazil, while the specter of trade tensions invites pressing global economic discussions.

(With inputs from agencies.)