#reciprocity-law

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fromFast Company
3 days ago

Brazil pledges retaliatory tariffs on the U.S. if Trump imposes 50% import taxes

Lula said he will trigger Brazil's reciprocity law approved by Congress earlier this year if negotiations with the U.S. fail. "If there's no negotiation, the reciprocity law will be put to work. If he charges 50 (% tariffs) from us, we will charge 50 from them," Lula told TV Record in excerpts of an interview that will be fully aired later in the day.
US politics
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