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The US and Brazilian presidents did not appear together publicly, but traded compliments after their talks.
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Trump said in a post on Truth Social that the meeting had been "very good" and called Lula "dynamic", while the Brazilian president said he left the meeting "very satisfied".
Still, the absence of a joint Oval Office press appearance could be a a sign that important disagreements remain unresolved.
The two governments still disagree on key issues such as crime, and Lula acknowledged they are especially far apart on trade.
"He always thinks we charge too much tax," Lula said of the leaders' tariff discussions, saying Brazil had proposed a working group to negotiate any trade disagreements within 30 days.
"Whoever is wrong will give in. If we have to give in, we will. If you have to give in, then you will have to give in," he said.
Washington and Brasilia have also faced strain over the fight against organised crime, the US's war in Iran and the risk of American interference in Brazil's October elections.
And Trump has pushed Lula to drop charges against former Brazilian President Jair Bolsonaro, who was last year convicted of an attempted coup and sentenced to 27 years in prison.
Trump usually relishes the opportunity to meet with foreign leaders at the White House, and often turns the visits into lengthy informal press conferences.
The White House's decision on Thursday to forego a joint Oval Office appearance with Lula was telling, experts told the BBC, despite Trump's assertions that the meeting went "well".
Oliver Stuenkel, associate professor of international relations at Fundação Getulio Vargas (FGV) in São Paulo, said the lack of a joint statement during or after the me
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