BRASILIA (Reuters) -Brazilian President Luiz Inacio Lula da Silva and United States President Donald Trump held a "positive" videoconference call on Monday, Brazil's Finance Minister Fernando Haddad said.

Brazilian President Luiz Inacio Lula da Silva and United States President Donald Trump are holding a videoconference call to discuss tariffs, a source at the Brazilian government told Reuters on Monday.

Brazil's lower house has approved exempting up to about $940 a month from income taxes, which would more than double the current exemption and meet a key priority of President Luiz Inácio Lula da Silva's 2022 election campaign.

RIO DE JANEIRO — Brazil's lower house has approved exempting up to 5,000 reais ($940) a month from income taxes, which would more than double the current exemption and meet a key priority of President Luiz Inácio Lula da Silva 's 2022 election campaign.

Brazil's government said it was confident the Senate would pass a bill expanding income tax exemptions for the middle class, after the measure cleared the Lower House late Wednesday. The proposal, a key initiative of President Luiz Inacio Lula da Silva,