Despite external trade headwinds and tight domestic monetary conditions, Brazil's finance ministry has upgraded its 2025 economic outlook.

Brazilian President Luiz Inacio Lula da Silva said on Tuesday his country aims to triple trade flows with India from $12 billion last year "in the short term," without giving a more specific time frame.

Brazil believes it can withstand Trump’s 50 percent tariff, and aides to Lula say he is unlikely to shrink from a confrontation with the White House.

The president signaled he would seek to use the threat of steep levies to reorient trade and protect his political allies.

Trade between Morocco and Brazil reached nearly $3 billion in 2024, up 4.52% from the previous year, underscoring the need to deepen economic ties beyond agrobusiness. This was the central message at the LIDE Brazil-Morocco Forum in Marrakech,

President Donald Trump announced Wednesday he planned to hit Brazil with a 50% tariff, in part due to the treatment of its former president and his political ally, Jair Bolsonaro.

India and Brazil agree to scale up trade to $20bn and boost collaboration on critical minerals, energy and digital economy. Six MoUs signed covering security, IPR, agri-research and clean energy