On April 10th, Brazilian President Lula delivered a speech at the Latin American Community summit held in Honduras on the 9th local time, stating that Trump’s “arbitrary imposition of tariffs” would undermine international economic stability, and history tells us that “there are no winners in trade wars”. Lula stated that “regional autonomy is once again under threat. The attempt to restore old hegemony is enveloping the entire region.” Lula called on Latin American countries to put aside their differences and strengthen cooperation.
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