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India’s Modi, Brazil’s Lula speak amid Trump tariff blitz | Narendra Modi News

by LJ News Opinions
August 7, 2025
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India is signaling it may seek to rebalance its global partnerships after Trump’s salvo of tariffs on Indian goods.

Indian Prime Minister Narendra Modi and Brazil’s President Luiz Inacio “Lula” da Silva have spoken by phone, their offices said, discussing a broad range of topics that included tariffs imposed by the United States on goods from both countries.

Lula confirmed a state visit to India in early 2026 during the call on Thursday, which occurred a day after the Brazilian leader told the news agency Reuters that he would initiate a conversation among the BRICS group of countries on tackling US President Donald Trump’s levies, which are the highest on Brazil and India.

The group of major emerging economies also includes China, Russia and South Africa.

“The leaders discussed the international economic scenario and the imposition of unilateral tariffs. Brazil and India are, to date, the two countries most affected,” Lula’s office said in a statement.

Trump announced an additional 25 percent tariff on Indian goods on Wednesday, raising the total duty to 50 percent. The additional tariff, effective August 28, is meant to penalise India for continuing to buy Russian oil, Trump has said.

Trump has also slapped a 50 percent tariff on goods from Brazil, with lower levels for sectors such as aircraft, energy and orange juice, tying the move to what he called a “witch hunt” against former President Jair Bolsonaro, a right-wing ally on trial for an alleged coup plot to overturn his 2022 election loss.

On their call, Lula and Modi reiterated their goal of boosting bilateral trade to more than $20bn annually by 2030, according to the Brazilian president’s office, up from roughly $12bn last year.

Brasilia said they also agreed to expand the reach of the preferential trade agreement between India and the South American trade bloc Mercosur, and discussed the virtual payment platforms of their countries.

Modi’s office, in its statement, did not explicitly mention Trump or US tariffs, but said “the two leaders exchanged views on various regional and global issues of mutual interest.”

India is already signalling it may seek to rebalance its global partnerships after Trump’s salvo of tariffs on Indian goods.

Modi is preparing for his first visit to China in more than seven years, suggesting a potential diplomatic realignment amid growing tensions with Washington. The Indian leader visited Lula in Brasilia last month.



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Tags: asiaBrazilBusiness and EconomyDonald TrumpeconomyFinancial MarketsIndiaInternational tradelatin americanarendra modiNewstaxtrade war
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