Foreign
We Will Reciprocate If Trump Hikes Tariffs – Brazilian President

Brazilian President Luiz Inacio Lula da Silva said on Thursday that his government would reciprocate if U.S. President Donald Trump decides to impose tariffs on Latin America’s largest economy, and called for mutual respect.
“It is very simple: if he taxes Brazilian products, there will be reciprocity,” Lula told a press conference in Brasilia.
The United States runs a trade surplus with Brazil, which according to Brazil’s government hit $253 million last year. But Trump this week named the country among those he believes meant the U.S. “harm,” threatening potential tariffs.
“China is a tremendous tariff maker, and India, Brazil, so many countries,” Trump said in a speech on Monday. “So we’re not going to let that happen any longer, because we’re going to put America first.”
The U.S. is a large buyer of Brazilian oil, steel products, coffee, aircraft and orange juice, while the South American country buys energy products, pharmaceutical goods and aircraft parts from the U.S., among other products.
A Brazilian official had previously said the country hoped its trade deficit with the U.S. would help it avoid tariffs pledged by Trump on many nations. Brazil has not run a trade surplus with the U.S. since 2008.
“I have governed Brazil while the U.S. had Republican and Democratic presidents, and our relationship has always been between two sovereign countries,” said Lula, who in 2023 took office for his third non-consecutive term.
“Trump was elected to run the U.S. and I was elected to run Brazil. I will respect the U.S. and want Trump to respect Brazil. That’s all,” Lula said.
Leftist Lula had friendly relations with Trump’s Democratic predecessor, Joe Biden, while Trump is closer to Brazil’s former far-right President Jair Bolsonaro, who has been called “Trump of the tropics.”
Lula at the press conference voiced support for government non-interference in monetary policy and the pricing strategy of state-run oil giant Petrobras, in market-friendly remarks that followed a drop in his approval ratings.
He also said that if additional fiscal measures are needed during the year, “we will consider them,” amid growing market concerns over Brazil’s rising public debt.
Lula said central bank chief Gabriel Galipolo “did what he thought was necessary” after policymakers raised the key interest rate by 100 basis points to 13.25% on Wednesday.
Lula said Galipolo, who took office earlier this month, would set the conditions for lowering interest rates “at the appropriate time” and would have full autonomy in his role.
Amid reports that Petrobras (PETR4.SA) was considering a diesel price hike, Lula emphasized that the decision rests with the company, “not the president.”
“Petrobras does not need to tell me (about fuel price tweaks). If Petrobras decides that it is important to make an adjustment, then they can do it,” he said.
A Genial/Quaest poll released this week showed Lula’s approval ratings slipping, with disapproval surpassing approval for the first time in two years, driven by rising food prices, concerns over increased taxation, and market volatility.
When asked about measures to ease food-related inflation, Lula ruled out steps that could lead to the creation of a black market. “What we can do is increase production of everything we can produce,” he said.
The Brazilian real pared some earlier losses after Lula’s remarks, trading down about 0.4% against the U.S. dollar, while the benchmark Bovespa stock index (.BVSP)
Foreign
Pope suffers two respiratory crises, undergoes emergency treatment

Pope Francis suffered two new breathing attacks on Monday, requiring two separate bronchoscopies, the Vatican said, as the 88-year-old pontiff struggles to recover from pneumonia.
“Today, the Holy Father experienced two episodes of acute respiratory failure, caused by a significant accumulation of endobronchial mucus and consequent bronchospasm,” it said in a statement on Francis’s 18th day in hospital, the longest of his papacy.
The Argentine pope was admitted to Rome’s Gemelli hospital on February 14 with bronchitis, which developed into pneumonia in both lungs, sparking alarm across the globe.
The Vatican said on Monday in its nightly medical bulletin that two bronchoscopies were performed on the pope in order to “aspirate abundant secretions”.
It said the pope had resumed “non-invasive mechanical ventilation” in the afternoon — the use of an oxygen mask — noting that he was “alert, focused and cooperative.”
As it has since the start of the pope’s hospitalisation, the Vatican said Francis’s prognosis remains “reserved,” an indication that doctors cannot predict the likely outcome of his condition.
On Sunday evening, the Vatican had said the pope’s condition was stable after he suffered a breathing crisis on Friday.
The leader of the world’s almost 1.4 billion Catholics had required the oxygen mask on Friday and Saturday, but not on Sunday, when he participated in mass and spent the rest of the day alternating rest with prayer.
Francis had also on Sunday received Italian Cardinal Pietro Parolin, the Vatican’s secretary of state, and Edgar Pena Parra, a Venezuelan archbishop who is also a senior Vatican official.
The Jesuit, who has been pope since March 2013, is being treated in a special suite reserved for pontiffs on the 10th floor of the Gemelli.
Francis, born Jorge Bergoglio, missed his traditional Angelus prayer for a third straight Sunday, and the Vatican issued a written text instead.
“In it, the pope thanked well-wishers for their prayers, saying: “I feel all your affection and closeness and, at this particular time, I feel as if I am ‘carried’ and supported by all God’s people. Thank you all.”
AFP
Foreign
34 sustain injuries as 2 buses collide in Barcelona

Two buses collided on a busy street in Spain’s second city Barcelona on Monday, injuring at least 34 people, four of them critically, local emergency services said.
The four critically injured were taken to hospital, including one who was temporarily “trapped” in one of the buses, emergency services in the northeastern region of Catalonia wrote on social network X.
Officials have not yet released the nationalities of the injured.
The accident happened on Avinguda Diagonal, one of Barcelona’s widest and most significant avenues, not far from the centre of the city.
It comes as Barcelona and much of Spain were lashed by rain and it snarled traffic in Barcelona on the opening day of the annual Mobile World Congress (MWC), the world’s largest wireless technology showcase which is set to draw around 100,000 attendees.
According to witnesses quoted by Barcelona-based newspaper La Vanguardia, one of the buses hit the other from behind, which in turn crashed into a tree.
Images posted on social media showed a green and white bus embedded against a white one, with several ambulances deployed nearby.
Foreign
After Trump, Zelensky showdown, pro-Ukraine protests erupt across US

Protests broke out across the United States on Saturday following a tense confrontation between President Donald Trump, Vice President JD Vance, and Ukrainian President Volodymyr Zelenskyy during a meeting at the White House.
According to The Guardian, the clash, which occurred on Friday, prompted hundreds of demonstrators to gather in cities such as Waitsfield, Vermont, New York City, Los Angeles, and Boston, expressing their support for Ukraine and condemning the actions of Trump and Vance.
The protests were initially planned to coincide with Vance’s visit to Vermont for a ski trip with his family. However, tensions from the Oval Office meeting earlier in the week fuelled further participation.
The Guardian reported that demonstrators in Vermont, including members of the grassroots group Indivisible, held signs reading “Vermont stands with Ukraine” and “International embarrassment,” while many waved Ukrainian flags in solidarity.
“After what he did yesterday, he crossed the line,” protester Cori Giroux told Vermont Public Radio.
The protest in Vermont took place despite a call from Republican Governor Phil Scott for residents to be respectful towards Vance during his visit.
Vance, who admitted to never having visited Ukraine, reportedly fled to an undisclosed location to avoid the protesters.
The Oval Office meeting, during which Trump told Zelenskyy to consider a ceasefire with Russia or risk losing US support, was widely criticised.
Trump also accused Zelenskyy of not showing enough gratitude for US military aid and warned that Ukraine’s actions could lead to “World War III.”
Zelenskyy, who has remained in Ukraine despite the ongoing Russian invasion, rejected the suggestion, emphasising that Ukraine could not accept a ceasefire without security guarantees due to Russia’s repeated violations of previous agreements.
The confrontation led to widespread condemnation, with European leaders and officials from countries such as Canada, Australia, and New Zealand voicing their support for Ukraine.
US lawmakers, including Senator Chris Murphy of Connecticut, described the meeting as an “ambush” and rallied behind Zelenskyy.
Protests also took place in major cities across the US. Demonstrators in New York gathered in Times Square, many draping themselves in Ukrainian flags, while in Los Angeles, a pro-Ukraine rally was held outside a SpaceX facility.
“Ukraine wants fair peace. Ukraine wants the war to end,” the group Boston Supports Ukraine wrote on Facebook. “Ukraine wants all of this on fair terms with security guarantees.”
Protesters in Boston, along with others across the country, expressed their desire for the war to end on terms that ensure Ukraine’s security.
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