Mexico and Brazil to strengthen trade ties in the wake of Trump tariff turmoil

Brazil’s President Luiz Inacio Lula da Silva during a presentation of the federal government’s achievements of the past two years (AP/Eraldo Peres)

The leaders of Mexico and Brazil have pledged to move together to strengthen trade between their nations, Latin America’s two biggest economies.

Wednesday’s move counters US President Donald Trump’s shifting positions on global tariffs, which have thrown markets into chaos.