US EditionBrazil Mulls Reprisals for 50% Trump Tariffs: Report
Brazil studies retaliation under its April 2025 Economic Reciprocity Law after the US imposed 50% tariffs, risking export revenue losses and escalating trade tensions.
- President Luiz Inacio Lula da Silva authorized the Foreign Ministry to activate the Economic Reciprocity Law, and Brazil will notify the United States on Friday while Camex has thirty days to decide on retaliation.
- After Washington imposed 50% tariffs on Brazilian goods, which took effect on August 1 amid a Section 301 probe, Brazil filed a WTO complaint on August 11, citing ignored dialogue requests and Trump citing Jair Bolsonaro's trial.
- The new law permits Brazil to impose reciprocal tariffs, suspend trade concessions, or suspend intellectual property obligations, with officials noting countermeasures can be introduced within 210 days.
- Lula said his government will not immediately impose retaliatory tariffs and reiterated calls for talks with President Donald Trump, while a U.S. Trade Representative hearing is scheduled for September 3 and Camex must deliver a report before month end.
- Washington had a $28.6 billion trade surplus with Brazil in 2024, and Brazil imports far more from the United States, including industrial machinery, car engines and aerospace parts.
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56 Articles
Brazil's president, Luiz Inácio Lula da Silva, prioritizes negotiation with the United States over the 50% tariffs imposed by Donald Trump, although he evaluates countermeasures under the Economic Reciprocity Act.
Brazil began a process to explore measures of retaliation against tariffs of 50 percent imposed by Donald Trump, although President Luiz Inácio Lula da Silva emphasized that he is still looking for negotiations with the United States.Lula authorized the start of a 30-day review on the effects of the largest U.S. levies on a variety of Brazilian products, followed by a government examination of possible countermeasures.What is Brazil looking for …
By CNN Español Brazilian President Luiz Inácio Lula da Silva assured this Friday that he is open to negotiations with the United States, and is therefore “in no hurry” to apply reciprocal tariffs against those imposed by President Donald Trump. These comments come after the Brazilian Ministry of Foreign Affairs ordered the trade body Camex to begin analyzing whether a local reciprocity law could be used against the US, after Trump imposed 50% ta…
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