Kim Kataguiri: Lula doesn't export anything to the United States; companies export, so he is not harmed at all.
Kim Kataguiri: At the same time he says, look, the timing of the tariff barrage is bad, as if there were a good time for Brazil to suffer that.
In practice, sanctions by the United States.
Kim Kataguiri: So, unfortunately, Brazil, like over the last 40 years, didn't do its homework, didn't implement tax reform, didn't implement administrative reform, didn't invest in infrastructure, didn't invest in workforce training; Brazil fell behind other emerging countries and we have a very weak domestic economy that does not put us in a position.
Kim Kataguiri: to defend ourselves adequately against Trump's tariff barrage, which is doing its role of defending the United States' interests.