Lula Stares Down Trump and Scores Tariff Victory for Brazil
A worker separates coffee cherries during harvest on a farm in Guaxupe, Minas Gerais state, Brazil.
Photographer: Patricia Monteiro/BloombergFrom the minute Donald Trump slapped tariffs on Brazil, President Luiz Inacio Lula da Silva bet the US leader was going all-in on a weak hand. The wager paid off Thursday, when Trump limped away from the battle.