WASHINGTON, DC - MAY 07: President of Brazil Luiz Inácio Lula da Silva takes a drink of water during a press conference at the Brazilian Embassy on May 07, 2026 in Washington, DC. Earlier in the day U.S. President Donald Trump hosted President Lula at the White House to discuss the economy, trade, and security between the two countries. (Photo by Andrew Harnik/Getty Images)

WASHINGTON, DC - MAY 07: President of Brazil Luiz Inácio Lula da Silva speaks during a press conference at the Brazilian Embassy on May 07, 2026 in Washington, DC. Earlier in the day U.S. President Donald Trump hosted President Lula at the White House to discuss the economy, trade, and security between the two countries. (Photo by Andrew Harnik/Getty Images)

WASHINGTON, DC - MAY 07: President of Brazil Luiz Inácio Lula da Silva speaks during a press conference at the Brazilian Embassy on May 07, 2026 in Washington, DC. Earlier in the day U.S. President Donald Trump hosted President Lula at the White House to discuss the economy, trade, and security between the two countries. (Photo by Andrew Harnik/Getty Images)

WASHINGTON, DC - MAY 07: President of Brazil Luiz Inácio Lula da Silva listens to a question during a press conference at the Brazilian Embassy on May 07, 2026 in Washington, DC. Earlier in the day U.S. President Donald Trump hosted President Lula at the White House to discuss the economy, trade, and security between the two countries. (Photo by Andrew Harnik/Getty Images)

WASHINGTON, DC - MAY 07: President of Brazil Luiz Inácio Lula da Silva speaks during a press conference at the Brazilian Embassy on May 07, 2026 in Washington, DC. Earlier in the day U.S. President Donald Trump hosted President Lula at the White House to discuss the economy, trade, and security between the two countries. (Photo by Andrew Harnik/Getty Images)

WASHINGTON, DC - MAY 07: President of Brazil Luiz Inácio Lula da Silva speaks during a press conference at the Brazilian Embassy on May 07, 2026 in Washington, DC. Earlier in the day U.S. President Donald Trump hosted President Lula at the White House to discuss the economy, trade, and security between the two countries. (Photo by Andrew Harnik/Getty Images)

WASHINGTON, DC - MAY 07: President of Brazil Luiz Inácio Lula da Silva speaks during a press conference at the Brazilian Embassy on May 07, 2026 in Washington, DC. Earlier in the day U.S. President Donald Trump hosted President Lula at the White House to discuss the economy, trade, and security between the two countries. (Photo by Andrew Harnik/Getty Images)

(FILES) Singaporean oil tanker "Great Thita" (L) is moored at the port of Los Angeles, on April 11, 2026. A US trade court on Thursday dealt President Donald Trump a fresh setback, ruling against the 10-percent global tariffs he instituted after the Supreme Court struck down many earlier duties. (Photo by ETIENNE LAURENT / AFP via Getty Images)