On Friday, Lula said Brazil ought to be the side imposing tariffs, given the US trade surplus. “The United States does not have a trade deficit with Brazil.

Meanwhile on Tuesday, the US launched an investigation into what it called “unfair” trading practices by Brazil, escalating the spat with the world’s 10th largest economy.

The United States has launched an investigation into “unfair” trading practices by Brazil, escalating President Donald Trump’s spat with the world’s 10th-largest economy over issues ...