Donald Trump plans to impose 50% tariffs on Brazilian imports due to his support for former President Jair Bolsonaro, who is on trial for attempting to overturn his election loss. Bolsonaro has faced serious charges, including involvement in an armed criminal organization. Brazilian President Luiz Inácio Lula da Silva stated that the tariffs would activate Brazil's economic reciprocity law, responding to perceived unfair trade practices. Lula emphasized Brazil's sovereignty and noted that the US had a significant trade surplus with Brazil over the previous 15 years.
"This Trial should not be taking place. It is a Witch Hunt that should end IMMEDIATELY."
"Brazil is a sovereign country with independent institutions that will not accept being taken for granted by anyone."
Lula responded that the 50% tariffs would trigger Brazil's economic reciprocity law, allowing them to suspend trade agreements that harm Brazil's competitiveness.
The US had a trade surplus of over $410 billion with Brazil over the last 15 years.
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