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Brazil Opens Its Reciprocity Law Against US Tariffs, Clearing a Path to Hit Back

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The Rio Times
The Rio Times27 mins ago
Brazil Opens Its Reciprocity Law Against US Tariffs, Clearing a Path to Hit Back
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
Brazil opens reciprocity process against US over tariffs
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.
Reuters
Reuters🏁 first to report6 hrs ago
Brazil opens reciprocity process against US over tariffs
Brazil opens reciprocity process against US over tariffs  Reuters