Brazil launches reciprocity process over U.S. tariffs

Brazil has formally launched an economic reciprocity process in response to two unilateral tariffs imposed by the Trump administration.

Brazilian President Luiz Inácio Lula da Silva said his government has triggered an economic reciprocity law mechanism against U.S.-imposed tariffs.

Brazilian President Luiz Inácio Lula da Silva says his government has triggered an economic reciprocity law against U.S. tariffs

Brazilian President Luiz Inácio Lula da Silva says his government has triggered an economic reciprocity law against U.S. tariffs

Brazil has opened its reciprocity law against United States tariffs, the first formal step toward possibly retaliating on American goods. The case, handled through the foreign-trade board Camex with the Foreign Ministry seeking talks, answers a 25% US tariff on many Brazilian exports plus a separate 12.5% duty. Nothing

BRASILIA, Aug 13 - The Brazilian government has opened a process that could result in the adoption of reciprocal measures against the United States in response to tariffs recently imposed by Washington on the country's goods, it said in a Thursday statement.

Brazil opens reciprocity process against US over tariffs  Reuters