Brazil Calls Trump’s 25% Tariff Unjustifiable, Vows to Impose Reciprocal Tariffs
The move follows a yearlong Section 301 probe and exempts some goods, while Brazil says it will seek reciprocal measures and a World Trade Organization challenge.
- Late Wednesday, the Trump Administration announced a 25% tariff on most Brazilian imports, effective July 22, as part of a broader strategy to address unfair trade practices globally.
- These tariffs follow a February Supreme Court ruling that struck down previous 50% duties, leaving only a 10% global tariff in place; U.S. Trade Representative Jamieson Greer said year-long negotiations failed to resolve trade issues.
- Ahead of Brazil's October presidential election, Brazilian President Luiz Inacio Lula da Silva accused Senator Flavio Bolsonaro of contributing to the tariffs during his Washington trip; Flavio denied the claim.
- Secretary of State Marco Rubio criticized the government for having 'not negotiated in good faith,' while President Lula rejected the measures, noting the U.S. recorded a $424.5 billion trade surplus with Brazil over 15 years.
- Trump endorsed a revised version of the late Sen. Lindsey Graham's Russia sanctions bill, which proposes tariffs of at least 500% on countries buying Russian energy, including Brazil, India, and China.
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79 Articles
The Brazilian government described Thursday as unjustifiable and politically motivated the most recent U.S. tariffs on certain Brazilian imports and threatened to impose reciprocal tariffs on U.S. products.
Marco Rubio criticized Lula da Silva and said that "ego" of the Brazilian President did not allow agreement to be reached on the applied fees. Brazilian diplomacy condemns Rubio's "arrogant" statements.
Brazil readies ‘tough’ retaliation to new Trump tariffs, sources say
By Lisandra Paraguassu BRASÍLIA, July 16 (Reuters) - Brazil's government convened top ministers and staff at the presidential palace on Thursday to prepare the country's response to Washington's latest tariffs, which could include non-tariff measures ...
The President of the United States decided to impose 25% tariffs on some Brazilian imports due to alleged unfair practices, a decision that may affect the economy and politics of the South American country. Donald Trump repeatedly threatened to impose tariffs on Brazil — although this is one of the few Latin American countries with which the United States has a trade surplus — in response to what he considers to be unfair persecution of the form…
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