Agencia Brasil
Americas · 3 hrs ago
Tariff hike: Reciprocity is not retaliation, says vice-president
Brazil’s decision to resort to its Reciprocity Law should not be interpreted as a retaliatory measure against the US, but rather as a tool to address a situation deemed unfair by the Brazilian government, vice-President Geraldo Alckmin declared on Tuesday (Jul. 21).
“The idea is not retaliation. As the saying goes, an eye for an eye may leave both parties blind. What reciprocity means is, we are being treated unfairly, and we want to correct that,” Alckmin stated.
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