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Brazil

Brazil lowers import tariff on beef to 0%; Lula does not rule out more “drastic” measures to lower food prices

President Luiz Inácio Lula da Silva stated on Friday that the government and business leaders are concerned about rising food prices and are working to find a peaceful solution that does not harm producers. However, he noted that more “drastic” measures may be taken. “We are trying to find a solution. We do not want to fight with anyone. We want to find a peaceful solution,” the president said during the land reform program ceremony in Campo do Meio (MG), as reported by Money Times.

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