00:00Brazilian President Luiz Inácio Lula da Silva says that his country has been trying to negotiate tariffs with the U.S.
00:08However, he vows to take action if no agreement is reached.
00:13President Donald Trump on Friday said he planned to increase tariffs on imports of steel from 25% to 50%,
00:21ratcheting up pressure on global steel producers.
00:24The tariffs would apply to millions of tons of steel and aluminium imports from Canada, Brazil, Mexico, South Korea and other countries that had been entering the U.S. duty-free.
00:37Lula also expressed his solidarity with Canada's Prime Minister Mark Carney after Trump has repeatedly expressed a desire to annex Canada, a proposition fiercely rebuffed by Carney.
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