Brazilian President: Will Negotiate Tariffs with the United States, If Ineffective, Will Countermeasures
2025-07-10 21:46:07
According to CCTV coverage, after the United States announced that it will impose a 50% tariff on Brazilian goods from August 1, local time on July 10, Brazilian President Lula said in an interview that Brazil will negotiate tariffs with the United States, and if it fails, it will take reciprocal countermeasures. Lula said that Brazil will give priority to trying to negotiate tariffs and file a lawsuit at the World Trade Organization against the unilateral tariff measures imposed by the United States. He stressed that if the negotiations are invalid, it will take reciprocal countermeasures according to Brazil's "Economic Reciprocity Law" and impose a 50% tariff on Brazilian products exported to the United States.
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