Definitive solution' on Brazil-US trade within days: Lula

BRAZIL'S President Luiz Inacio Lula da Silva said Monday a trade deal with the United States could happen within days, possibly easing punitive tariffs after months of animosity.

- AFP

BRAZIL'S President Luiz Inacio Lula da Silva.

(SUPPLIED)

Lula met President Donald Trump at an Association of Southeast Asian Nations (ASEAN) summit on Sunday, after urging the US leader earlier this month to lift punitive 50 percent trade tariffs.

"I'm convinced that in a few days we'll have a definitive solution.... so that life can continue well and happily," Lula told reporters in Malaysia on Monday.

The two leaders of the Americas' largest economies stand on polar opposite sides on issues such as multilateralism, international trade and the fight against climate change.

Trump has instituted a 50 percent tariff on many Brazilian products.