Brazilian President Luiz Inácio Lula da Silva declared his country open to foreign companies at the inauguration of Chinese automaker GWM’s factory in São Paulo.
The remarks come as Brazil faces steep U.S. tariffs, which Lula has repeatedly denounced. By making the statement at a Chinese factory opening, Lula signaled a possible pivot further away from Washington and toward Beijing.
“Count on the Brazilian government. Whoever wants to leave, leave. Whoever wants to come, we welcome you with open arms,” Lula said at the ceremony, according to Reuters. The news agency also reported he criticized President Donald Trump’s tariffs as “unnecessary turbulence.”
Both Brazil and China face tariffs, though at different levels. China’s tariffs, once as high as 145%, now stand at 30% but could rise if Beijing and Washington fail to reach a deal. Brazil, meanwhile, is facing a 50% tariff on its goods.
Lula and Chinese President Xi Jinping, both BRICS leaders, spoke earlier in the week ahead of the factory’s opening. The call followed Lula’s comments to Reuters that he planned to raise the issue of responding to U.S. tariffs with fellow BRICS leaders.
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Author: Ray Hilbrich
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