Indian Prime Minister Narendra Modi and Brazil's President Luiz Inácio Lula da Silva spoke by phone on Thursday, Modi's office said in a statement, a day after the Brazilian leader said he would initiate a conversation among the BRICS group on tackling U.

Read more on the impact of Trump's tariff hike on Brazilian imports, global trade dynamics, and Brazil's strategic response to minimize economic fallout.

Brazil has requested consultations at the World Trade Organization over tariffs imposed by U.S. President Donald Trump against the South American nation, a government official told The Associated Press on Wednesday.