Reported about 16 hours ago
At the opening of a GWM factory in Sao Paulo, Brazilian President Luiz Inacio Lula da Silva stated that Brazil is open for business and welcomes foreign companies. He criticized the 50% tariffs imposed by the U.S. on Brazilian goods and emphasized the importance of negotiation for trade. Lula highlighted the positive impact of GWM's investment, which is expected to create over 2,000 jobs and significantly boost Brazil's auto exports.
Source: YAHOO