US EditionLula Seizes Trump Tariff Threat to Revive Re-Election Push
BRAZIL, JUL 10 – Brazilian President Lula rejects U.S. tariff threats and plans retaliatory measures, with economists projecting a 1% hit to Brazil's economy from the proposed 50% tariffs, officials said.
- The U.S. imposed a 50% tariff on Brazilian products, causing widespread disbelief in Brazil, as this was significantly higher than tariffs on other nations, triggering a social media response with #RespeitaOBrasil trending.
- Brazil's President Luiz Inácio Lula da Silva criticized the tariffs as a unilateral economic attack and vowed to respond with equivalent measures under Brazil's reciprocity laws.
- Media outlets across Brazil criticized the tariffs, labeling them an unprecedented violation of Brazilian sovereignty and a political tactic tied to Trump and Bolsonaro's agendas.
- Brazilians expressed mixed emotions of anger and defiance, with many vowing to retaliate and not surrender to foreign pressure, framing the tariffs as a matter of national pride and dignity.
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US President Donald Trump said today that he will not speak at this time with his Brazilian counterpart Luiz Inácio Lula da Silva, who has threatened the US with reciprocal tariffs of 50 percent.
Tannebaum interviewed on CBS News on Trump's threat of increasing the additional tariff rate for Brazil to 50%
The post Tannebaum interviewed on CBS News on Trump’s threat of increasing the additional tariff rate for Brazil to 50% appeared first on Atlantic Council.
Brazil’s President Luiz Inácio Lula da Silva said this Friday that former President Jair Bolsonaro sent his son, Eduardo, to the United States to ask Donald Trump to save him through tariff threats. “That coward, who prepared a coup in this country (...) sent his son to the United States to ask Trump to threaten us: ‘If you don’t release Bolsonaro, I’m going to impose tariffs on you’,” Lula said in an act with members of his government in the st…
U.S. President Donald Trump said on Friday, July 11, that he “may at some point” choose to speak to the Brazilian government after threatening to apply 50 percent tariffs on imports from the South American country by making the argument that Brasilia is implementing a political persecution against former President Jair Bolsonaro. “I may at some point speak to them,” Trump said when he was questioned whether he had spoken to Brasilia following th…
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